Bill Bovingdon’s happy new bond manager life

Bovingdon says the firm is in the process of getting rated by asset consultants.

The new venture has not disrupted Bovingdon’s almost three decade old work routine.

He still arises before 6 am to help get his three girls ready for school. The oldest has hockey practise many mornings at 7 am. He takes the ferry from Mosman, just as he did at his old job, and is in the office before 9 am.

“I like office interaction,” says Bovingdon. “It is more creative when people get together.”

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‘It’s crazy’: More gold than bonds in super portfolios as funds rethink defensive plays

The shifting global economic landscape and its impact on currency markets are forcing asset owners to re-think the defensive portion of portfolios as traditional hedging techniques become less effective and new ones emerge. The Fiduciary Investors Symposium heard that for one fund that’s led to gold overtaking government bond allocations.

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