Investor cash obsession worries wealth creatorsBY MARK SMITH | MONDAY, 19 NOV 2012 10:35AMDespite growing speculation that the next bull market run is just around the corner, historically low interest rates, and a call by RBA governor Glenn Stevens for investors to return to shares, investors' remain unwaveringly committed to cash. |
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NovaPort Capital team calls it a day
The team at small caps manager NovaPort Capital have decided to hang up their boots.
Industry fund merger postponed
Mine Super and TWUSUPER have reported "significant progress" towards their merger, but it has been pushed back.
Fidelity shutters, delists funds
Fidelity International is terminating an international fixed interest strategy that failed to scale, as well as delisting a managed fund.
Super funds to solve the housing crisis?
Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty said at the Australian Shareholders' Association Conference yesterday that addressing the supply side of the housing crisis requires an infusion of private capital.
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Matt Gaden
HEAD OF AUSTRALIA
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
Helping investors traverse financial markets and build their wealth during the peaks and troughs is Janus Henderson Investors head of Australia Matt Gaden's game plan. He tells Karren Vergara why in this long game of investing, active management wins.
Yes the wealth creators are feeling the pinch. Got a letter from an Industry Super Fund extolling the virtues of diversification. The result for 1 and 5 years was clearly in favour of Diversified Fixed Interest but we all know that past performance is not indicative of future returns. It seems investors have discovered the motto " A bird in the hand is worth two in the bush " or did they get offended at being called Muppets ? Hmm I wonder...
All institutions, except those engaged in these confidence eroding practices, have an interest in returning the market to its basic and important economic function of supporting capital formation and making a market for willing buyers and willing sellers.