Multi-Asset Allocation in 2021

Today’s daily missive marks our second last publication for the year and the last of our 2021 outlooks, finishing with our multi-asset view. While it’s useful to derive and forecast performance objectives for specific asset classes, it’s increasingly important to be...

Macro Currency Outlook 2021

As primarily a fixed income investor, I spend an inordinate amount of time managing foreign currency fluctuations, as currency exchange rates tend to gyrate more than the underlying bond prices. As an example, it doesn’t make sense to buy a USD bond with a 3% capital...

Central Bank Policy Fuelling Property Markets

The imposition of COVID-19 on societies across the globe may have lead investors to doubt the future prospects of commercial property, while the opposite has occurred in many nation’s residential property markets, as the rise of working-from-home arrangements has...

The COVID-19 vaccine distribution dilemma

The American pharmaceutical firm Pfizer, in collaboration with German firm BioNTech, surprised the world when it announced their coronavirus vaccine showed 90% efficacy in preventing COVID-19. Days later, another American firm, Moderna, announced their vaccine has...

China: Outlook for 2021

Economic Outlook for 2021 and US/China relations under President Elect Biden. With 2020 almost over, I have been researching what 2021 could hold, especially for Australia’s largest trading partner, China. Given that the global pandemic may have started in the Chinese...