Editor's Choice
Antipodes acquires boutique manager
Antipodes has acquired a fund manager specialising in Asian equity and fixed income strategies that has about $170 million in assets under management.
The funds delivering up to 30% returns: Mercer
Mercer released its investment performance charts, revealing the top 10 funds delivering massive returns.
ClearBridge launches first local global equity fund
ClearBridge Investments has launched its first global equity strategy in Australia as it looks to introduce more in the future.
Plenary Group sells 49% stake to ADQ
Abu Dhabi sovereign wealth fund ADQ has acquired a 49% stake in Plenary Group as it marks its first investment in an Australian company.
Further Reading
Sponsored by | Where do advisers invest their time?The stage 3 tax cuts have sparked discussions on bracket creep. Implementing a tax-effective investment strategy is crucial now more than ever. |
Sponsored by | Quality and Yield. A Powerful combination.With central bank rates seemingly peaked, investors are not awaiting yield increases. We're bucking the trend with investment rates at decadal highs |
Sponsored by | Why it could be a good time to be a growth contrarianGrowth-style companies are in vogue, but you may need to think outside the box to ensure you don't overpay. |
Products
Featured Profile
Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.
So the now opposition are against allowing more Australians to be able to afford to seek financial planning advice?...how noble of them.
The real scramble was the speed at which the former government made ill-thought out legislation without considering how the industryas a whole, would be affected.
Had they continued on their merry way of blaming all for the actions of some, it would have made the collapse of the car industry seem like a Sunday picnic.
It is highly disappointing that a seemingly intelligent person such as Chris Bowen has to stoop to such a disconnected, sensationalist position in order to attempt to again raise anxiety and mistrust amongst the public in regard to seeking financial advice.
It seems the game of politics never has a final siren.
Regardless of the profession, regardless of the industry, regardless of the person, it is impossible to legislate against unethical, criminal,dishonest individuals who deliberately set out to obtain financial advantage at someone's expense.
Greed will drive those people to go far beyond any acceptable limit and greed will also be the driving force of the gullible consumer who makes an irresponsible decision without considering the consequences or understanding the risk.
The Hon Chris Bowen on Late Line on 11th Jan 2014: Quote "And you can have disclosure ... and how many people read that is open to very, very much conjecture."
What a hypocrite!
All the Labor rules about advisers having to make disclosures and now he admits that clients don't read SoAs and the disclosures therein!
Please Liberal Government, just ignore the opposition, ditch the FOFA rubbish, all of it, and let us get on with our constructive work for our clients!
Here , here John Simpson...why doesn't the media pick up on this line of support for the now government?
I cannot believe how much time and energy has been wasted on FOFA. Are we as Australians a stupid bunch or what. Why do we allow people like Bowen deliver such drivel on public TV ?...and the ISA? Their members cannot be that stupid or are they? 99% of advisers practise the best interest duty and one cannot legislate, as Sinodinos has said, against criminals and greed. And remember GREED is on both sides of the coin.........yes clients eyes light up when they see incredible returns.