APC Perspectives


  • Uncommonly Average - Jim Parker, Vice President, Dimesional Fund Advisors – May 2019 Ask a farmer about average rainfall figures and he’s likely to look at you sceptically. Knowing how actual rainfall varies from year to year, farmers will carefully manage their crops and irrigation. It’s a lesson many investors could learn as well. Staying disciplined when markets …
  • Poll Position? - Jim Parker, Vice President, Dimensional Fund Advisors  May 2019 Australia’s recent federal election result not only confounded the pollsters, the pundits and the punters, it provided another lesson about the dangers of using political news headlines to guide your investment strategy. By just about every measure, the Australian Labor Party was seen as the overwhelming …
  • Different Horizons - “World stock markets have rounded off a wild and difficult year,” the article began, pointing to multiple uncertainties in a polarised US political system, a crisis–ridden Eurozone and a rapidly slowing Chinese economy. Does that sound familiar? That was from a calendar year wrap–up of markets published by BBC News on 30 December 2011, more …
  • SPIVA Scorecard: The Index Wins Again - The annual review of Active fund managers against their relevant benchmark to June 2018 was released recently by leading ratings agency S&P. The S&P Indices vs Active Management or SPIVA report is considered to be the leading industry report when considering the efficacy of active managers who try to ‘beat’ the market through either market …
  • APC’s Client Survey - Recently we completed our 2018 survey which we shared some of the results at our recent Annual Client briefing at the NGV.  For those clients who took the time to complete the survey we are most grateful as this information is taken very seriously by our team and is used to improve our service to …
  • Global Demographics – Why Should we Care? - Morten Springborg, a specialist of Global Thematics for World Wide Asset Management has written an interesting White Paper on Global Demographics and the key effects for future investing of the changing world. Global Demographics – Why Should We Care – Whitepaper
  • Aged Care Presentation – 6th June - On the 6th June we had our Aged Care Presentation delivered by Jayne Maini of Millenium Aged Care Consultants. Below is the presentation with audio of the very informative session in case you were unable to be there.        
  • Market Corrections. How Bad Can They Get? - Market “pullbacks”, “corrections” and “bear markets” Sharemarket declines are often labelled differently depending on the degree of share price losses sustained. Let’s talk about the semantics first: Although opinions can vary, the worst – but best known – sharemarket downturn is called a “bear market” which tends to be defined as a peak-to-trough decline in prices …
  • Bitcoin and the Blockchain Presentation - As promised, we have the audio from the Bitcoin and the Blockchain presentation combined with the Powerpoint slides for those who missed the presentation or anyone that was there who would like to re-listen to what Myron and Andrew had to say on this topic.     Our next presentation / information evening will be …
  • Emerging markets may struggle to repeat 2017’s golden year - When hedge fund legend Howard Marks from Oaktree Capital wrote a book on investing he devoted a chapter to the importance of being attentive to cycles. Marks said he lived by a rule that most things would prove to be cyclical. He went on to say that some of the greatest opportunities for gain and loss would occur when other …
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