Private equity will play a more prominent role in the construction of portfolios, with characteristics of traditional defensive asset classes put to the test and volatility becoming a feature of public markets.
Latent demand for ESG investing has grown in line with greater awareness of global challenges, client facing advisers have found. However, challenges relating to measurement and categorisation still require some thinking, a panel of experts has raised.
Institutional asset consultants like JANA will fancy their chances muscling in on more thinly resourced investment consultants but relationships advisers have with this group will determine whether many 'fall by the wayside'.
With the sanctity of franking credits and now bank dividends under threat, there are no sacred cows for retirees anymore. Some old and some new ways to generate income are emerging, and advisers are being called upon to assess them.
As industry funds scramble to manage a liquidity squeeze, out-of-cycle asset mark-downs and burgeoning cohort risks, the entire chain of responsibility behind APLs and super fund recommendations will come into question.