Category: Behavioural Investing
Produced as a companion to our behavioural investing podcast series with Ensombl, this white paper explores the outcomes of the poor investor behaviour that our biases can drive, and examines the ways advisors can better connect values, goals, and risk, to drive better advice outcomes.
Category: Factor investing
In this white paper, we provide empirical evidence for the mean reverting nature of outperformance in both Aussie equities and Aussie fixed income. We also discuss the role of investment styles and market factors in driving manager returns and how understanding these factors can lead to a more comprehensive evaluation of a manager’s true performance.
Category: Market updates
In our regular quarterly update, we discuss what has happened in markets for Q3 of 2024, and provide our market outlook and how this relates to our current portfolio positioning. Our quarterly update also summarises all the trades we have made over the last 12 months and our rationale for these. These are available in both PDF format and as video updates featuring Dinyar Irani and Shane Wang.
The recent surge in index returns has been driven by the soaring share prices of a few mega-cap high-profile stocks, primarily due to the artificial intelligence (AI) thematic. Investors in broad-based indices face heightened concentration risk. However, there are options and areas of value in equities and in other asset classes that offer a higher expected return, at similar or lower levels of risk.
In our regular quarterly update we discuss what has happened in markets for Q3 2024, as well as our market outlook and how this relates to our portfolio positioning. We also summarise the portfolio changes we have made over the last 12 months. You can download the PDF versions or check out our video updates.
Outsource your investment functions to a third party and benefit from the Outsourced CIO Model. Discover how this approach can enhance your financial practice with improved efficiency, governance, and higher returns.
We are seeing investors flock to AI darling stocks as NVIDIA becomes the most valuable company in the world. However, due to the earnings volatility on these stocks our analysis suggests there are inadequate risk premiums on semiconductor and AI stocks. Investors should investigate potential risks to ensure they risks they are taking are being adequately compensated.
Is homeownership still essential for wealth building? Millennials are struggling to enter the property market, but there are other investment options available. With borrowing restrictions increasing, leveraging super funds for investment could be a viable solution. In this article we explore this potential alternative.
Younger investors are navigating a radically different world, growing up with less job security, with more opportunities for income generating side hustles and are less likely to generate significant wealth from use property investing. New product solutions are needed to meet the needs of this growing client base with very different aspirations and investment expectations.
In our regular quarterly update we discuss what has happened in markets for Q4 2023, as well as our market outlook and how this relates to our portfolio positioning. We also summarise the portfolio changes we have made over the last 12 months. You can download the PDF versions or check out our video updates.
A significant number of Australians heading into retirement may not have enough superannuation to live on based on our analysis of APRA data which revealed that 800,000 pre-retirees had super balances below $100,000 – not nearly enough to fund a comfortable retirement.
If you would like to know more about Innova, then please contact us using the below form:
Please fill up the form below to download.
Please fill up the form below to download.
Carry carries risk
The first week of August was quite the moment in markets, exacerbated by overstretched positions in “short volatility”, “carry”, and “picking up pennies in front of a steam roller” type investments. These trades, characterized by frequent small gains but the potential for significant losses, were exemplified by the unravelling of the Yen FX carry trade.