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Australia an 'efficient' market for multinationals
A new report by Mercator by Citco (Mercator) has revealed that while multinational organisations face significantly higher operations demands in Asia-Pacific (APAC), Australia has proven to be one of the most efficient markets.
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Brighter Super's MySuper option achieved 10.9% p.a. for the 2025 financial year, exceeding performance for the medium and long term.
SIAA chief executive steps down
Stockbrokers and Investment Advisers Association chief executive Judith Fox will step down after six years in the role.
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GQG Partners' assets jumped $4 billion to reach a record high of US$172.4 billion for the 2025 financial year despite experiencing "short-term relative underperformance".
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John Burke
GLOBAL CHIEF EXECUTIVE OFFICER
BENNELONG FUNDS MANAGEMENT LTD
BENNELONG FUNDS MANAGEMENT LTD
Bennelong Funds Management is like a mainline into the jugular of Australia's financial advice sector, with more than 6500 advisers channelling capital to its funds. But its global chief executive John Burke says the job's not done yet. Andrew McKean writes.
Why don't we publish the names and the specific statements of these "predictors" at the end of each year and see whether these individuals are still even in business twelve months later, who are they working for now and why did they make the statements they made?
Ask them to be held to account for what they say. Afterall, advisers are held to account for their advice.
They come and go and, from a client perspective, in some instances do nothing but heighten concerns unnecessarily and enduce people to make rash decisions without seeking advice and a full consideration of their goals and objectives.
In effect, those statements promote herd mentality and we all know where that leads.