fair value

Investment Strategy

Equity markets fair value at current prices

Two of Australia’s biggest institutional investors have called current equity markets fair value despite a year-long spike in prices. Both AustralianSuper and the Future Fund acknowledge the susceptibility of markets to bad news around high government debt in developed markets, but are not nervous about valuations. Innes McKeand head of equities at Australian Super, said: […]
Hedge Funds

What investors can learn
from Donald Bradman

Arguably there is no richer source of metaphors than sport. We admire the skill, effort, dedication and endurance of the contestants. Sport mirrors certain aspects of our lives. But what can investors learn from sport? In his 1958 book The Art of Cricket, Sir Donald Bradman writes about several important lessons for cricketers from which […]