We expected the Federal Open Market Committee (FOMC) would pause its pattern of quarterly rate hikes at some point this year. While we acknowledged it would come sooner rather than later the question of exactly when was answered unequivocally last week with the Committee’s first meeting and Statement of the year. Along with […]
Andrew Bascand, Simon Momich |Feb 5, 2019
After a year long review the Hayne Royal Commission (RC) into Misconduct in Financial Services has laid out recommendations. This reshaping of the financial services industry has significant implications and received strong political support, ahead of a likely election by 18 May 2019. It is possible that […]
6th Feb 2019 – Greg Fleming, Head of Investment Strategy
Time to ride the rally? Bearish brain meets bull market
One of the most interesting trends of the last decade is the rise of behavioural psychology. Behavioural finance – one of its sub-disciplines – has risen out of the debris of statistical investment modelling, which performed so poorly at the time of the Global Financial Crisis (GFC). Critics of the statistical […]
What does the future hold for our capital markets?
The New Zealand financial markets regulator (FMA) and the New Zealand Stock Exchange (NZX) have announced that they will be undertaking a review of our Capital markets, called Capital Markets 2029. The review is ambitious and is designed to deliver a 10-year growth agenda and vision for the sector.
The term capital markets refers to the debt and […]
Jan 2019
In the Q1 2019 edition of Communique, Russell Investments have covered the following topics:
Feb 2019 – Greg Fleming (Head of Investment Strategy)
World equity markets have staged a significant rebound at the start of the year, following a sharp correction at the close of 2018. Greg talks through the drivers behind this and why this presents an opportunity to re-position our exposure to growth assets.
Key points
Ethical Investing in Focus
The World Economic Forum Annual Meeting took place this month in Davos and one of the big challenges world leaders discussed was climate change. Big corporates like Procter & Gamble and Unilever joined forces with waste management company TerraCycle to launch Loop, a project that will allow people to reuse containers for popular household […]
Introduction
We have recently reviewed the strategic asset allocation (SAA) of our Responsible Investment Leaders diversified funds. This was to incorporate recent economic, market and industry developments, and to ensure portfolio returns are maximised for the level of risk taken. The benchmark allocations are formally reviewed every three years. However, enhancements may still occur at other times should market conditions, regulatory settings or modifications to AMP Capital’s global outlook […]
Fund and Market Commentary: December 2018
Calendar Year 2018 was a very difficult year for equity markets around the world with most markets in the red. Earlier this month, we published a detailed research note on what happened in 2018 and our outlook for 2019. For those that missed it, please click here to […]