Fundamental (discretionary) portfolio managers typically build their portfolios from the bottom up. That is, they identify stocks they expect to beat the market and combine them to create a portfolio. Read more

In a 1970 article in the New York Times Magazine, Nobel Laurette and late University of Chicago Professor Milton Friedman pronounced that "the social responsibility of business is to increase its profits". Read more

In this paper, we use the medium horizon variant of Axioma's newly released Australian fundamental factor model (AXAU4 - MH) to analyse and compare four Smart Beta ETFs listed on the Australian Stock Exchange (ASX). Read more

I have just spent a week in Brazil visiting infrastructure companies, assets, regulators and government in Curitiba, Brasilia and Sao Paulo. The following research provides an overview of Brazil's infrastructure and the listed companies involved; and ... Read more

"I came to see in my time at IBM that culture isn't just one aspect of the game, it is the game." - Lou Gerstner. Read more

For investors in emerging market debt, one key decision above any other has dictated performance over the past decade: The use of local versus hard currency bonds. Read more

It is common wisdom in the industry that not all alpha factors make good risk factors. There is, however, plenty of evidence in the literature that some of the style risk factors commonly found in fundamental multi-factor models accurately capture factor ... Read more

In Asia's AI Agenda: The Deep Dive Editions, MIT Technology Review is re-examining the trends in technology, venture capital, government, and enterprise strategy that are converging on this region to drive adoption of innovations in artificial intelligence ... Read more

While technology has always been an integral part of the financial services sector, the term fintech has only became widely used within the past few years. Read more

"It ain't what you do, it is the way that you do it...And that's what gets results." Read more

There is increasing talk about the impact of fintech on the Australian superannuation industry. Read more

Technology and automation are driving rapid changes to the super industry. The emergence of low-cost SMSF administrators has considerably reduced the costs and complexity of setting up and operating an SMSF. Read more

The Treasury Laws Amendment (Reducing Pressure On Housing Affordability Measures No. 1) Act 2017 (Cth), which introduces downsizer contributions and the First Home Super Saver Scheme, received royal assent on 13 December 2017. This article discusses ... Read more

Two years ago, the Chinese stock market was nearing the end of a mini-meltdown during which the Shanghai Composite shed more than 40% of its value in two months. This event, plus the US Federal Reserve's decision to commence tightening later in ... Read more

We all hope that when we've finished our working life, we can retire in comfort. However, the reality for many people, especially women, is very different. Read more

1. Retirement in Australia: yesterday, today and tomorrow Read more

Industry, public sector and corporate superannuation funds are finding their myriad stakeholders are a difficult group to please. Read more

How can it be that institutions spend huge amounts of money, resources and intellect on managing risk, and still find themselves being castigated by the press, politicians and social media for unacceptable attitudes and behaviour? Read more