Investment Education
Forum Archive 2005
This quarterly newsletter addresses industry issues or advanced investment topics suitable for supplementing your investment knowledge. Copies of the papers listed below can be found under the investment education section of ClientLINK.
Contribution Splitting
First Released: November 2005
As the old saying goes, the three most important things to consider when buying a piece of real estate are location, location, location. For multi-manager investing, the concept is similar. The three most important things are research, research, research. That is why Russell makes research its full-time job. Indeed, employing more than 450 investment professionals from around the globe, Russell monitors over 9,000 investment products and selects the ‘best of the best’ to create around 280 multi-manager funds.
Portability - Recent Developments and Emerging Issues
First Released: October 2005
In the last weeks of June this year the government rushed through changes to portability with effect from 1 July 2005. The implications were wide reaching and the industry was left with little time to come to terms with the changes. Now a few months into the new rules we are starting to see some of the implications of the new portability requirements and the issues that they raise. In this edition of Forum, Diane Somerville investigates the recent developments in the area of portability under Choice of Fund and highlights some of the major issues that are recently emerging.
Anatomy of a Manager Change
First Released: September 2005
As the old saying goes, the three most important things to consider when buying a piece of real estate are location, location, location. For multi-manager investing, the concept is similar. The three most important things are research, research, research. That is why Russell makes research its full-time job. Indeed, employing more than 450 investment professionals from around the globe, Russell monitors over 9,000 investment products and selects the ‘best of the best’ to create around 280 multi-manager funds.
Portable Alpha: Maximising alpha and managing asset class exposures
First Released: July 2005
In the pursuit of value-add in a low return environment, portable alpha is fast emerging as a compelling strategy for institutional investors to capture additional return. While many are taking an interest, few fully understand how it works in practice, and the costs and risks involved in getting the extra return.
Strength in Numbers
First Released: June 2005
Too often, investors focus on last year's best performers when they make their investment decisions. If returns were strong the year before, they expect the coming year to produce similar results. Unfortunately, on a year-by-year basis, the financial markets are volatile and the past is not a reliable indicator of future returns.
Brave New World
First Released: May 2005
With the Federal Budget due for release on 10 May, this edition of Russell Forum recaps the many superannuation related initiatives and provides a framework of issues to consider when reviewing the budget.
Capturing the 'Boutique Effect'
First Released: March 2005
In this edition of Forum, Peter Gunning, explains that investors need to identify and invest in quality boutiques early to take advantage of the 'boutique effect' and that Russell is well positioned to help investors take advantage of this phenomenon.
All Multi Managers are not the Same
First Released: March 2005
Multi-managers aim to select some of the best investment managers from around the world in each asset class, and carefully blend different ‘styles’ to achieve the best risk and return outcome for the overall portfolio. This edition outlines 10 key attributes to look for when choosing a multi-manager provider.
It's Time for more Choice in Foreign Exchange
First Released: January 2005
In this edition of Forum, Gemma Dooley explains that FX trading has been below investor's radars for too long, with the lack of attention too often leading to uncompetitive trader executions and a material impact on investors returns. She recommends that investors and investment managers should take steps to improve their monitoring and management of this aspect of their trading. But perhaps the most powerful development would be the growth of the agency model within currency markets.
Impact of the Maturity of the 2005 ILB
First Released: January 2005
In this edition of Forum, Clive Smith outlines the various options available to investors, as well as Russell's preferred strategies for managing exposure to the ILB asset class during a period when significant pricing distortions may arise.
Note: These articles are presented in PDF format. You must have Adobe Acrobat Reader installed on your computer to view PDF files.