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Chief economist update: Buy the dip or sell the rallies?

BENJAMIN ONG  |  TUESDAY, 13 NOV 2018
... behind this. Investor misses out on buying XYZ stock at a certain price, kicks himself when the share price soars, aims to buy next time the price falls to the level he first missed out on. This is the overriding thinking behind what technical analysts ...

Trust in advice hits record low

JAMIE WILLIAMSON  |  MONDAY, 12 NOV 2018
... King Loong Choi said. Despite this, Choi said there is still significant demand for advice nationwide, saying that in the next two years more than two million Australians will seek advice. This is up from 1.6 million in 2017. However, the top barriers ...

ALP victory to have meaningful impact: Daintree

HARRISON WORLEY  |  FRIDAY, 9 NOV 2018
With a Labor victory in next year's Federal Election seemingly firming, a Daintree Capital director is calling on professional investors to prepare for a change in government, and the policies to come with it. Speaking at a media briefing yesterday ...

Hedge funds fall out of favour with instos: Report

KARREN VERGARA  |  FRIDAY, 9 NOV 2018
... allocations to private equity. Many are also confident investors will not decrease their exposure to private equity assets over the next three years. One-in-five plan to decrease allocations to hedge funds in the short term. EY also surveyed 200 alternative ...

APRA beefs up cybersecurity standards

HARRISON WORLEY  |  THURSDAY, 8 NOV 2018
... APRA is fast-tracking implementation of this standard, and expects all regulated entities to meet its requirements by 1 July next year." Summerhayes said that by introducing CPS 234, the prudential regulator was aiming to ensure all regulated entities ...

Chief economist update: As safe as Australian houses?

BENJAMIN ONG  |  THURSDAY, 8 NOV 2018
... market remains orderly but it also raises doubt with regards to the Reserve Bank of Australia's (RBA) statement that the next move in interest rates will likely be up. Although that's still within the realms of the possible given the continued ...

GAM chief executive steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 7 NOV 2018
Alex Friedman has stepped down as chief executive of GAM effective immediately, with the group saying its next stage of evolution would be best served by new leadership. The latest development in what has been a tough few months for the Swiss-based ...

Mental health at work still a stigma: Report

KARREN VERGARA  |  TUESDAY, 6 NOV 2018
... managers are most likely to experience the highest levels of stress at work and are at risk of leaving their employer in the next 12 months, according to mental health organisation SuperFriend. With one quarter of workers experiencing high levels of ...

October volatility sours investor outlook

KARREN VERGARA  |  TUESDAY, 6 NOV 2018
... Investment Trends' Investor Intentions Index said they are anticipating negative returns from their equity portfolio over the next 12 months. This is the first negative sentiment recorded since the Global Financial Crisis. In October, investors' ...

Chief economist update: The Middle Kingdom's middling growth

BENJAMIN ONG  |  TUESDAY, 6 NOV 2018
... weighing on sentiment at the start of the fourth quarter." The recent draft tax cut proposal (slated to take effect in January next year) should help revitalise domestic demand but the China-US trade dispute solely depends on Trump.