Investment Services


News & Features

Pitcher Partners Investment Services issue a monthly newsletter and a range of other up-to-date and interesting financial market, investment and financial planning features. Please click on the links provided for information that may be of interest to you.

Financial Markets Summary
The Financial Market Summary is a monthly publication which reviews and tabulates global and domestic indices, foreign exchange rates, bank bill and government bond rates, commodities, official cash rates and economic forecasts.

Financial Markets Summary
30 April 2012  (download)

In The News

Sue Dahn comments on financial planners and how to get the very best advice.

'Get Advice You Can Trust' - The Australian
8 April 2009 (download)

Financial Market Analysis
The Financial Market Analysis is a quarterly update of the conditions in global and domestic economies and financial markets analysing the quarterly returns in Australian and international shares, commercial property, Australian and international fixed interest and cash. In addition to analysing past returns, the document provides a short term outlook of the expected conditions in each asset class.
 
Financial Market Analysis
30 April 2012 (download)

Investment Performance Summary
The Investment Performance Summary is a quarterly publication which summarises the short term, medium term and long term performance of asset classes and of benchmark asset allocations.
 
Investment Performance
31 March 2012 (download)

Pitcher Investment News
Pitcher Investment News is a bi-monthly newsletter providing financial market updates and selected commentary from Sue Dahn, Executive Director of Pitcher Partners Investment Services Pty Ltd for clients and other interested parties.
 
Expected Risks and Returns
The Expected Risk and Return document illustrates the relationship between risk and return.

A number of indicative portfolios are shown - ranging from secure to aggressive - and the expected returns and risks that we estimate will prevail over the forthcoming 5 to 10 years.

The returns are derived from expected returns from each of the individual asset classes which are in turn broken down to the amount of 'income' return expected and the amount of 'growth' return.

The document also gives an indication of the risk involved in each indicative portfolio - in terms of frequency of loss, largest yearly loss and estimated total time to recovery. This is based on data collected by us for the period March 1988 to now and is for illustrative purposes only.

The document shown on the website is historical for demonstration purposes. Clients of the practice have access to the current version.

Expected Risks and Returns (download)
 
Asset Class Performance
The Benefits of Diversification document displays the total annual returns - capital and income (with the exception of residential property) - for each asset class as at the 30th of June each year with most series beginning on 1 July 1983.

Numbers recorded in green represent the best asset class in any financial year and numbers in red represent the worst asset class in any financial year.

The table highlights a number of interesting features of investment and asset class performance, such as:

  • Those asset classes which have achieved the highest annual returns in some years, have also achieved the greatest annual losses in other years
  • The annual asset class returns and the ranking of those returns relative to other asset classes has an extremely low level of predictability
  • Diversification across asset classes is a very effective way to reduce the volatility of portfolio returns and increase the likelihood of achieving expected investment outcomes over a required time frame

Asset Class Performance (download)