Does duration still diversify equity risk?
Ardea IM uses statistical modelling in order to discuss whether government bonds still diversify equity risk.
Research
Podcast: Model Uncertainty and Risk Models
In our first episode of the Ardea IM Quantitative Research Series, Ben Alexander, Co-Chief Investment Officer at Ardea Investment Management joins Dr. Laura Ryan as they share insights into the risk model used in the Ardea IM portfolio construction process.
Will Japanification Eliminate Relative Value Trading Opportunities in Rates Markets?
Record low rates are leading some market participants to question whether all bond markets are experiencing “Japanification”. Will this backdrop spell the end to relative value trading opportunities?
Long term bonds – relative value and risk in a low yield world
Australia extends its yield curve to 2051. The issue received record interest from global investors and highlights the importance of yield curve shape and global relative value dynamics for investors.
Inflation Linked Bonds 101
We explain the mechanics of inflation protection and how to identify relative value opportunities.
Extreme volatility; where can investors take shelter?
In a market where every asset class seems to be at the mercy of volatility, investors are left wondering if there are any real safe havens anymore.
The misuse and abuse of correlation
If used improperly, statistics and the graphical representation of those statistics can be misleading.
Can your portfolio survive a housing crash?
Australian household wealth is overexposed to the Australian housing market. To protect your portfolio, having a more diversified asset allocation would minimise your risks.