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Is structural change or the economic cycle driving global share markets?

Global share markets are always driven by both structural change and the economic cycle to some degree. It is the...

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Can active managers outperform when the global economy slows?

Higher interest rates and slowing consumer spending are bringing a much wider dispersion of company earnings and stock returns. This...

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Why hasn’t consumer spending fallen off a cliff?

Interest rate hikes have not stopped consumers spending as abruptly as many had expected, due to full employment and rising...

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Investing with Purpose: Exploring the Pengana Axiom International Ethical Fund

The Pengana AXIOM International Ethical Funds offers an option of HEDGED or UNHEDGED portfolios of dynamic and growing companies undergoing...

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Why is the neutral rate of interest rising and should we care?

Tim Richardson CFA, Investment Specialist The neutral rate of interest appears to be rising as households spend more and save...

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Should Aussie global equity investors hedge their foreign currency exposure?

Tim Richardson CFA, Investment Specialist Australian dollar weakness has been supporting Aussie investors’ returns from global equities. But economic recovery,...

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Healthy returns from health care companies

Slowing consumer spending impacts corporate earnings growth across much of the economy. However, health care profits are often driven by...

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