From vacancy to value
With financial markets inching toward a fragile new equilibrium and commercial real estate (CRE) valuations stabilising after several quarters of volatility, John Taylor, head of private capital at Dexus, believes the moment is right for wholesale investors to reconsider their posture on property, particularly those willing to embrace opportunistic strategies that capitalise on dislocated pricing and sectoral asymmetries.
Navigating market volatility with the strength of real assets
Commercial real estate is at a turning point. After years of rising interest rates, the landscape is shifting — bringing renewed optimism and fresh opportunities.
Behind the real-asset renaissance: Inflation-hedging adds to diversification benefit
Today's ever-shifting global economy, real assets including tangible investments like property and infrastructure are no longer just interesting additions to a portfolio, they're becoming foundational. Once seen as niche or supplementary, their inherent qualities now place them at the heart of robust investment strategies, helping investors confidently navigate complex markets, manage specific risks, and secure reliable returns.
Wagging the dog: Why US Treasuries may no longer be a haven
Perhaps the assumption that markets are still anchored by predictable economic policies needs to be challenged. For the first time since the fall of the Berlin Wall, political volatility – once background noise – is potentially reshaping investment risk at a structural level.
Getting a grip as gold goes ga-ga
Gold’s spectacular rise has been a feature of the markets over the last couple of years, and judging from how the investment banks are sharpening the pencil on their price targets, that trend seems likely to continue, as gold's 'NETGO factor' intensifies.
Advice clients have a breaking point; downside protection can keep them from it
Protecting the underside of portfolios, and even thriving through moments of market distress, can keep more fretful clients out of the danger zone. A new generation of products are designed to do just that, and without sacrificing the lion's share of outsized returns when markets run hot.
Using the default system to reduce correlation with Fortlake AM
The tranche market isn't the defining feature of Fortlake's fixed income funds, Baylis explained, but it's a pivotal tool for the firm's managers and adds a critical element of non-correlative returns for investors.
'Now's the time' for liquid alts: P/E Investments
It's not impossible to find a good investment in private equity when interest rates are high, Harrex explained, but it's a lot easier to find a good liquid alts investment in the current economic environment.
'Jumping at shadows': Is investor fear out of step with macro environment?
From gloomy retail clients to fretful global institutional providers, investment experts report a glaring disconnect between the risk appetite of investors and the overall economic outlook.
Tech sector soars as bond yields and banks fall
Despite increased volatility emanating from the banking sector, tech stocks have been supported by falling bond yields on fears the global economy could slip into recession this year, with big-name companies leading the gains.
Bonds surge back to relevance after hellish 2022
Credit and equity markets both suffered a very bad 2022, as the collapse of negative correlation between stock and bond prices left no safe haven for investors. But 2023 could be a big year for bonds, with analysts warning investors waiting on the sidelines that they risk missing out.
Profit important but cash is back, even during times of high inflation
The British investment firm's current cash weightings have hit historic levels after perceived risks in the global economy moved it to help preserve rather than accumulate capital.
What non-bank lenders must consider before issuing a private loan
Australian non-bank lenders are making incursions against the big banks, but have many considerations during the loan decision making process to ensure proper loan structuring.
Senior secured loans offer investors an opportunity to capitalise on rising rates
Debt assets may be de jour, but the income they produce is fraught with peril if it doesn't include the kind of diversity senior secured loans provide.
Fixed income bond indices prove problematic when assessing performance
Atchison Consultants' Kevin Toohey on why bond benchmarks only cover a slice of a diverse universe.
Benign risk of default drives credit opportunity
History has shown that investing into bank loans and credit markets at or near current valuation levels has delivered high single digit and double digit returns over the long-term.
Private credit stands out in SAA rethink
In a challenging environment plagued with uncertainty and volatility, rising inflation has turned investors away from risky growth assets.
Supply-side remains the biggest contributor to inflation
After years of benign levels of inflation, the "beast" as it is known, reared its ugly head once again in April 2021, just as the world was emerging from the pandemic.
"We are in a different world" where industry dynamics will drive returns
"We spend the majority of our research time on understanding industries," explained Catherine Allfrey, portfolio manager of Wavestone Capital, when presenting to leading financial advisers at The Inside Network's Equities Symposium in Perth last month.
'Anomalous' short-term underperformance of EM set to reverse
"Have we really thought about the investment implications of a world in which inflation is persistent?" That was the question posed by Dr Joseph Lai of Ox Capital.
