Why structure, not markets, may be the biggest risk in portfolios today
Mercer’s Rebecca Jacques says investors are focusing on macro risks, but the real challenge is understanding what they actually own.
Mercer’s Rebecca Jacques says investors are focusing on macro risks, but the real challenge is understanding what they actually own.
Framing the current investment market and positioning for what comes next is a subjective process for asset allocators, with plenty of room for nuances in approach.
At the recent The Inside Network Income & Defensive Symposium, Mercer principal Andrew Stewart challenged advisers to widen their lens on portfolio risk, warning that a fixation on worst-case scenarios could mean missing out on some of the best-case ones.
Investors have a deep affinity with real estate, but how to classify it within a diversified portfolio is sometimes a dilemma.
The idea that superannuation tax concessions are costing the government more than the Age Pension is based on bad analysis, according to Mercer, which found that concessions will actually save taxpayers in the long run.
The rise of digital photography at the turn of the 21st century basically spelled the end of Kodak. Similarly, the rise of digital advice is the death knell for traditional advice businesses unless they can adapt quickly, says Arch Capital’s Nigel Baker.