How to reduce the risk of a portfolio
In this Livewire video, Dr Laura Ryan discusses a strategy that can produce returns regardless of whether interest rates are rising or falling.
Insights
The misuse and abuse of correlation
If used improperly, statistics and the graphical representation of those statistics can be misleading.
Bond yields can be misleading
How can a negative yield bond deliver a positive return, or a positive yield bond deliver a loss?
Household wealth and its hidden exposure to the housing market
The average Australian household’s wealth may be even more exposed to the housing market than many people realise.
Repo dislocations – a case study in market inefficiency
The ‘repo market’ – has received an unusual amount of attention since the latter part of 2019.
Can your portfolio survive a housing crash?
Australian household wealth is overexposed to the Australian housing market. To protect your portfolio, having a more diversified asset allocation would minimise your risks.
There’s more to fixed income than just buying bonds
This article outlines why a relative value approach is a compelling alternative to traditional fixed income investing.
Growing liquidity risk in fixed income portfolios
Liquidity, like the plumbing in your house, gets little attention until something goes wrong.
The drivers of conventional fixed income returns
To properly assess performance the underlying drivers of return must be understood, including the types of risk to which a portfolio is exposed.
Market inefficiency is a growing opportunity in fixed income
Fixed income market inefficiency creates a vast and diverse range of mispricing opportunities that ‘relative value’ specialists can exploit.