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Vector Insights14 March 2019
Fractal geometry and finance: You're doing risk wrong
Brad Livingstone-Foggo, Head of Marketing - Australia
The assumptions behind risk models such as the capital asset pricing model (CAPM) and modern portfolio theory (MPT) which underpin most standard market capitalisation based portfolios - are wrong.
Enter fractals. If you haven’t heard of them, that’s OK. An appreciation of fractal mathematics can help investors understand periods of extreme risk and to better consider how their portfolios are positioned.
Vector Insights28 February 2019
Tipping point reached for ETFs
by Arian Neiron, Managing Director and Head of Asia Pacific
Read This NowThe Hayne Royal Commission has brought forward a significant moment for investors. The ‘tipping point’ for exchange traded funds (ETFs) in Australia has been reached.
Vector Insights15 February 2019
A closer look at active share
by Arian Neiron, Managing Director
Read This NowWe recently wrote that despite the fees they charge Australian investors, some active Australian fund managers aren’t very active at all in terms of managing their portfolios, rather they are hugging their benchmarks. Some managers and researchers argue there is no correlation between high active share and high outperformance. In this Vector Insights, we test that argument.
Vector Insights01 February 2019
Time to come clean
by Arian Neiron, Managing Director
Read This NowDespite the fees they charge Australian investors, some active fund managers aren’t very active at all. They could more accurately be described as closet benchmark-huggers rather than stock pickers. Now’s the time for investors to identify those with something to hide and demand they be more transparent about their activities, or lack of them.
Vector Insights18 January 2019
ETFs market expands despite market volatility
by Arian Neiron, Managing Director
Read This NowDespite market volatility ETF growth continues.