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Analysis

Stephen Bruce

12 November 2019 • By Stephen Bruce • 1 min read

September’s value rotation and asking ‘What if things change?’

September saw a sharp rotation to value on the back of a slight bump in US bond yields, driven by a change in sentiment towards the macro outlook. Thi...

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Stephen Bruce

The unintended consequences of ultra-low interest rates

The RBA cut Australia’s cash rate to a record low 0.75 per cent in October with many predicting further interest rate cuts to come. Interest rates i...

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Stephen Bruce

How Australia’s infra peak 2020 will fuel industrial property

A new report from Centuria Capital Group goes into depth about the five major market movements that will affect industrial property in combination, na...

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Stephen Bruce

What are banks getting into with Saudi Aramco?

The world’s most profitable company is set to go public, but that comes with a number of risks. Saudi Aramco (SA) had a net income of $111 billio...

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Stephen Bruce

Yield curve inversion and negative bond yields – Is it different this time?

With cash and term deposit returns at record lows and a puzzling absence of inflation across the globe, risk-sensitive investors are buying governme...

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Stephen Bruce

Rebalancing real estate portfolios by selectively exploring US investment solutions

Australian investors’ home country bias approach to real estate investing has worked out quite well given the robust performance of the domestic rea...

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Stephen Bruce

The outlook for infrastructure investments

The global economy is slowing down at an increasing speed. The IMF projects real economic growth in advanced economies to slow down from 2.2 per cent ...

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Stephen Bruce

Is human intelligence redundant in investment management?

Advances in machine learning and artificial intelligence have been nothing short of extraordinary over the past 10 years. Investment management acr...

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Stephen Bruce

US-China: Deal or no deal?

The prospects of a US-China trade deal have been cast into uncertainty following the cancellation of the APEC summit in Chile. But that’s not the on...

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Stephen Bruce

Sustainable pricing – an industry changer

As a key strategy to protect a client’s wealth on an ongoing basis, life insurance is an important purchase. It is, after all, a product “for life...

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