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Infrastructure trumps other assets over time: ISN

JAMES FERNYHOUGH  |  THURSDAY, 20 JUN 2013
... 15 years ago would be worth $562 today. This makes infrastructure by far the strongest performer over the longer term. The next best performer was unlisted property, followed by domestic equities. "Over the last 10 and 15 years, the value of every dollar ...

Australian millionaire numbers surge on strong economy

MARK SMITH  |  THURSDAY, 20 JUN 2013
... least liquid assets." The World Wealth Report anticipates the wealth of global high net worth market to grow by 6.5% over the next three years as the global recovery becomes more entrenched. Van den Bizenbos adds that a significant proportion of that ...

The Big Benny sings

BENJAMIN ONG  |  THURSDAY, 20 JUN 2013
... is, if the economy behaves as Benny predicts. "We would expect to slow/moderate later this year and through early part of next year, it would end. "If we do that, it would mean we have a relatively decent economic outcome. If things are good we will ...

AustralianSuper awards mandate to Henderson

LAURA MILLAN  |  THURSDAY, 20 JUN 2013

Market Wrap AM

AAP  |  THURSDAY, 20 JUN 2013
... before the Fed statement," said Renaud Murail of Barclays Bourse. "It's the priority and will set the tone for what happens next." At close in Europe and just hours before any decision from the US central bank was expected, London's benchmark FTSE 100 ...

Market higher but eyes are on US Fed

AAP  |  WEDNESDAY, 19 JUN 2013
... its $US85 billion a month asset purchase program won't be ending quickly it is expected to give the market a boost for the next couple of months. "The market is very tentative, volumes are pretty light with all this positioning ahead of the FOMC (Federal ...

Market Wrap AM

AAP  |  WEDNESDAY, 19 JUN 2013
... billion)-a-month bond-buying program. NEW YORK - US stocks rose decisively as investors bet the Federal Reserve will stay the course the next day on its economic stimulus policy. The Dow Jones Industrial Average surged 138.38 (0.91 per cent) higher to ...

Ben's all that matters

BENJAMIN ONG  |  TUESDAY, 18 JUN 2013
... and Harry's interpretation. And then we'll have to go through this whole episode again for another month or so until the next FOMC meeting on July 30 & 31 or the next (September 17 & 18) or the next...

Fund CEOs slam MySuper as 'death by a thousand cuts'

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
... it a "death by a thousand cuts." The majority saw the legislation leading to mergers. "Medium-sized funds will spend the next five years figuring out who to merge with," one respondent said. As most funds will simply repackage their default options ...

Still in Goldilocks land

BENJAMIN ONG  |  MONDAY, 17 JUN 2013
... told the word that, "If we see continued improvement and we have confidence that that is going to be sustained, then in the next few meetings, we could take a step down in our pace of purchases". What I still cannot fathom to this day is how markets ...