Portfolio Construction Conference: the cult of equities in the new reality
Many investors have seen their core beliefs turned upside down in the past year as bonds have outpaced stocks over 10, 20, 30 and 40 year periods.
At this year's PortfolioConstruction Conference (26-27 August 2009), "guru" investor Rob Arnott of Research Affiliates will discuss:
- longer term analysis showing other shockingly long spans in which stocks and bonds have delivered the same return.
- Where's the 5% return premium that's our birthright?
- How long do believers in "stocks for the long run" have to wait?
- Why the "cult of equities" is dangerous
- Why investors must shake off their automatic reliance on equities by examining the many out-of-mainstream fixed-income asset classes, some currently offering the same 2.5% long-term historical risk premium of equities but with more diversification and less volatility.
Now in its seventh year, PortfolioConstruction Conference has earned a reputation as the investment conference of the year. To register, go to http://www.PortfolioConstruction.com.au/Conference
Research papers from the PortfolioConstruction Conference will be available in the August edition of Money Management’s Technical Adviser.
AUTHOR
Amal Awad
Recommended for you
In this episode of Relative Return, host Laura Dew speaks with Andrew Mitchell, director and senior portfolio manager at Ophir Asset Management, about why he loves working in fund management and the lessons he’s learnt in a decade of running a firm.
In this episode of Relative Return, host Laura Dew speaks with Blackwattle Investment Partners managing director and chief investment officer, Michael Skinner, about setting up an asset manager and what he looks for in an investment team.
In this special episode of Relative Return, Momentum Media’s Phil Tarrant and Jordan Coleman discuss the publishing house’s expansion into greater coverage of the wealth management space.
In this episode of Relative Return, host Maja Garaca Djurdjevic speaks with Riley James, founder and chief executive of fintech SuperAPI, about creating a superannuation ecosystem and potential changes from the Quality of Advice Review.
