I'm a fan of Antipodes Partners, and always find their commentaries insightful. In the company's latest investor update (see below), founder and CIO Jacob Mitchell provides a number of useful insights, but one of the arguments he makes is that investors have been 'chasing duration' to an unprecedented extent in the post-GFC era. Slide 7 is quite revealing. Mitchell's full presentation runs from 5.50 to 22.00 (all of which I recommend), with the relevant section for this article on duration running from 10.05-14.45.
