Helping your clients avoid behavioural traps in strong markets
Markets are reaching all-time highs in a range of asset classes. Thanks to the strong rise in the past three years, returns over most periods going back even a decade are looking rock solid. Environments like this can breed overconfidence in your clients, and tempt them into taking undue risk in their portfolios. It may
March 09, 2015
Market Vectors ETFs celebrates MVW’s stellar first-year performance
Market Vectors ETFs, the exchange traded fund business of Van Eck Global, is celebrating the one-year anniversary of its Market Vectors Australian Equal Weight ETF (ASX code: MVW). The ETF has outperformed the S&P/ASX 200 Accumulation Index by more than 3.60% returning 18.16% in its first 12 months. MVW is the first Australian ETF to
March 06, 2015
AXA IM reaches record assets under management
AXA Investment Managers (AXA IM) accelerated its growth in 2014 with net new money inflows of A$27billion. AXA IM’s assets under management (AuM) at the end of December 2014 were A$891 billion up 14 per cent from A$782 billion in 2013. Andrea Rossi, CEO of AXA IM, commented on the results: “We are, unsurprisingly, delighted
March 06, 2015
AXA IM reaches record assets under management (AUM)
Net new money inflows of A$27 billion dominated by third party assets Assets under management reached a record A$891 billion Key new SmartBeta mandates in Australia AXA Investment Managers (AXA IM) accelerated its growth in 2014 with net new money inflows of A$27 billion. AXA IM’s assets under management (AuM) at the end of December
March 06, 2015
Yellow Brick Road offers an alternative route into the financial planning profession
The acquisition of mortgage broking business Vow Financial has added about 450 businesses and 800 individuals to the ranks of Yellow Brick Road’s mortgage brokers and financial planners. YBR now has about 600 businesses and more than 1000 brokers and planners. Chief executive Matt Lawler (pictured) says the company is on track to post its
March 06, 2015
Financial planners need to specialise rather than generalise
Specialised skill sets are increasingly important for financial planners, says Craig Banning, director, Navwealth Financial Group. He uses the example of self-managed super (SMSF) advice. When asked if this requires specialised knowledge, Banning says, “I think it does.” This is why every adviser within Navwealth that deals with super clients holds the SMSF Association’s SMSF
March 06, 2015
Celebrating women philanthropists on International Women’s Day
As International Women’s Day approaches, Equity Trustees is highlighting the role that women play in philanthropy as founders of philanthropic trusts as well as beneficiaries of their support. Tabitha Lovett, General Manager of Philanthropy at Equity Trustees, says women have historically taken a significant role in the establishment of philanthropic foundations. “Just under half of
March 05, 2015
Zenith rates Magellan Global Equities Fund RECOMMENDED
The Magellan Global Equities Fund takes the highly successful unhedged global equities strategy implemented by Magellan Asset Management and offers access via units which are quoted on the ASX AQUA market (ASX:MGE). AQUA quoted units effectively trade in the same way as ASX listed securities. Although technically classified as an Exchange Traded Product (ETP) which
March 05, 2015
Impact of economic environment needs careful consideration by property investors
Investors should look at both the business cycle and the capital cycle, in an environment of “lower everything”, to help make sense of what is happening in property markets generally, according to property experts from Australian Unity Real Estate Investment (AUREI). Ryan Banting, head of portfolio management at AUREI, said many investors may never have
March 04, 2015
CANSTAR awards BT for innovation in underinsured business segment
BT has won a CANSTAR Innovation Excellence award for its unique income protection product that caters to the needs of small to medium businesses. BT Protection Plans – Key Person Income was launched in May 2014, when BT identified a gap in the business insurance segment. Scott Moffitt, BT’s national manager, life insurance products, said,
March 04, 2015
SG Hiscock wins Morningstar award
SG Hiscock’s SGH ICE fund has been awarded the 2015 Morningstar Fund Manager of the Year for Domestic Equities Small Caps Category, Australia. SGH ICE invests in ASX-listed companies based on a business franchise, companies that typically deliver robust earnings growth. The fund, which was launched in 2006, has $182 million in funds under management and
March 04, 2015
Investment Trends: CMC Markets Stockbroking boosts Frequent Trader market share to become Australia’s 3rd biggest broker
– Remains industry’s ‘most recommended’ broker for fourth consecutive year – Innovation key driver for consistent growth and attracting switchers CMC Markets Stockbroking has almost doubled its frequent trader primary market share says the key findings of the Investment Trends 2014 Second Half Online Broking Report. A hallmark of this value broker, CMC Markets Stockbroking
March 04, 2015
