gunning

Hedge Funds

MLC warns against pitfalls of 'MAA'

Susan Gosling MLC Investment Management’s head of capital markets has observed the industry-wide trend toward medium-term asset allocation, which is even being adopted by “the bastions of actuarial purity”, Russell Investments, but questioned whether it might cause “an insidious slide into market timing” by the multimanager industry.
Investment Strategy

MLC warns against pitfalls of ‘MAA’

Susan Gosling MLC Investment Management’s head of capital markets has observed the industry-wide trend toward medium-term asset allocation, which is even being adopted by “the bastions of actuarial purity”, Russell Investments, but questioned whether it might cause “an insidious slide into market timing” by the multimanager industry.
Opinion

When the cure may be worse than the illness

As the financial services sector of the share market heads back towards its 1980s share of about 10 per cent of total market capitalisation, compared with the peak of 40 per cent in 2006, one could be forgiven for wondering about the fundamental value proposition presented by banks, funds managers and insurers. It is well […]
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