diversification

Recently I sat down with my colleague Andrew Baume to reflect on 2020 and what lessons can be drawn. As he says, with the dubious benefit of over 35 years in...

A Q&A with one of Israel’s leading equity fund managers. Q. What does Alpha LTI invest in? A. Alpha LTIs investable universe includes listed and pre-IPO companies...

The macro investor Diego Parrilla is well known for making the analogy between constructing a successful investment portfolio and building a successful soccer team....

The ‘average’ Australian portfolio in 2020 still looks remarkably similar to those of years, or even decades, earlier, says Anthony Murphy, Chief Executive Officer at...

The process of buying and selling equities for most investors is a simple one – you either buy at the market price immediately or set a price that you’re happy with...

Investors love stories like that of global e-commerce giant Amazon – which two years ago became the first company to hit a trillion-dollar market cap. Far from its...

It’s no secret that a handful of large-cap tech stocks now dominates many indices and has driven a significant portion of recent stock market gains. Tech giants...

Portfolios combining bonds and equities thrived in the 2000s and 2010s, as the structural decline in interest rates propelled bond and equity markets higher. With the...

Few would have imagined 2020 turning out as it has done but MLC can at least claim that thanks to its investment architecture — Investment Futures Framework — the...

Nobel prize winner Harry Markowitz gets the credit for coining the phrase that “diversification is the only free lunch in finance”. Add the insight that stock markets...

More commonly remembered by its lyrics, the 1997 song ‘Tubthumping’ by British band Chumbawamba topped charts globally, becoming an international hit. The single was...

In the AFR this weekend I argue that one of the most popular yet flawed homilies in fixed-income investing is that diversification is a universally good thing. Whereas...

Over the past few months, we have seen some inconceivable things from markets and economies around the globe; from talk of negative interest rates to wild valuations,...

“Time in the market beats timing the market – almost always.” - Ken Fisher The idea of being able to time the market is emotionally appealing. After every significant...

The turmoil we have seen in markets over the past few weeks has served as a timely reminder of the importance of diversification in portfolios, both across asset...

Following on from my recent note “The Upside of Diversification” (available on the Koda Capital Insights page here), I want to now turn to a related theme that is also...

The phrase “diversification is the only free lunch in investing” is attributed to the Nobel Prize laureate Harry Markowitz. Investors accept this principle with few...

The intensity of news flow recently has made events that happened only days ago feel like they took place in the distant past, and recent history – months or...

As we watch markets grapple with COVID-19 concerns, it is worth revisiting strategies to manage volatility in an investment portfolio. Even beyond the current...

In February of this year, the ASX200 plunged by -7.7%. As a clear demonstration of the protection global high-grade sovereign bonds aim to provide, the CC JCB Global...