Central Bank Policy and Geopolitical Stress

Yesterday I had the opportunity to speak at the Institute of Managed Accounts Professionals (IMAP) conference, held in Sydney. First and foremost, I would like to thank IMAP for the opportunity to attend and speak to the large cohort of investors and financial...

COVID-19 Vaccine Update

The world is now into month three of COVID-19 vaccinations, with over 186 million doses administered worldwide, across 82 different countries, at a rate of 6.34 million doses per day at the current run-rate. Unfortunately for Australians, we are not among those 82...

The Rise (and Fall?) of the USD

Over time, there are three things which have held true – death, taxes and a change in the global reserve currency.  By nature, all predecessors to the USD’s rule as the global reserve currency have fallen – brought down by a combination of...

Investing in Japan

It has become an ever-increasing topic of discussion in how to avoid potential market drawdowns this year or next, yet still be invested. In fact, for many balanced and growth mandates, they are required to maintain allocations to equities in a range – for...

Demographics are Destiny

Prelude In order to provide you daily content in our morning notes, we are usually organised ~2 weeks in advance with lists of topics and thematics that we hope will resonate with you. Originally, I had planned to write this note about inflation and why I’m...