volatility

In our December Quarterly Outlook Statement, I published the below article highlighting a higher required return from equities should we continue to extrapolate low...

2020 has seen a very noisy start to the year with one major event with significant human and investment market implications after another. For Australia it started...

2019 was an eventful and fruitful year for equity investors, with the MSCI World Index delivering a massive 25% return. It was the strongest calendar year for equities...

Welcome to 2020. The bulls still have strength in numbers, but an increasing number of bears are emerging from hibernation. Those who argue that benign market...

It was a somewhat unique situation to be interviewing a former colleague when I sat down with Marcus Bogdan, CIO at Blackmore Capital recently. So, I have been across...

This week’s dramatic market sell-off prompted a number of scary headlines. While correct, they are often taken out of context. FactSet tells me that the market...

Key insights Global emerging markets have provided very strong returns for long term investors. However, investors have to be prepared to accept higher...

Active management has successfully delivered alpha from Australian small companies over the long-term. Further, in periods when the dispersion of stock returns within...

Emerging markets were volatile throughout 2018, especially during quarter four as they sold off and took some valuation froth out of the market. This has continued...

In my last blog, I provided an overview of Vega Capital’s model for identifying and pre-empting recessions in the United States. Last Thursday (at WeWorks Martin...

Investors have had stimuli like QE and low interest rates to help drive growth in recent years. While the US leads a small retreat of liquidity, the fundamental parts...

In October the whole firm was rounded up and marched over the road to the grand ballroom of the Wentworth Hotel to hear about the launch of the new US Technology Fund....

Financial markets can be subject to periods of event-related volatility during which investor confidence can be significantly undermined. Here, we provide 10 key...

We believe there are three key themes that will persist in 2019; divergence, disruption and debt-overhang. Invesco's Chief Global Market Strategist, Kristina Hooper,...

The message for 2019 that we should take away from the volatility of 2018 is that it is going to be a year of divided outcomes. In most years, there are always enough...

Almost universally weak performance of fund managers over the last two months has left many advisers and their investors in shocked disbelief, or hiding under their...

Livewire recently got in touch with us to tell the story of 2018 in one chart, and how it is instructive going into 2019. Our choice, the 3 Month US Treasury Bill...

There is an odd stat that will haunt a few… the S&P 500 was down -3.2% last night. Now there have only been 3 other years where the market has a -3% in December. 1987,...

If 2018 were a boxing match, you would be Mundine and Mr. Market would be Horn. It only took you 96 seconds to be battered and bruised to the floor. What went wrong?...

Following the falls in equity markets globally across October and November, there’s been a marked increase in bearish commentary from fund manager, analysts, and...