What are you really getting from your long short hedge fund?
Put simply, a long short hedge fund looks to maximise total returns by taking long positions in stocks the manager expects will increase in value, and short positions in stocks expected to decrease in value. In this way, the fund reduces market risk and also presents the opportunity for investors to profit in both up
October 31, 2014
AMP to acquire 19.9% of China Life Pension Company
AMP Limited, Australia and New Zealand’s leading independent wealth management business, announced it has agreed to acquire a 19.99 per cent stake in China Life Pension Company Limited, the largest pension company[1] in China. The acquisition, for a total consideration of AUD$240 million, makes AMP the first foreign company in the world to purchase a
October 30, 2014
Market Vectors ETFs lists new MSCI World ex Australia Quality ETF on the ASX
Market Vectors, the exchange traded fund (ETF) business of US-based investment manager Van Eck Global, has listed its new Market Vectors MSCI World ex Australia Quality ETF on the ASX today. Trading under the ASX code QUAL, the ETF is the first of its kind in Australia. QUAL gives investors access to a portfolio of
October 30, 2014
Good technology allows independent planners to extract value through virtual vertical integration
Much has been made of the perceived advantages afforded wealth institutions with their vertically integrated business model, and ability to shift and clip margin from every element of the value chain. From funds management through product manufacturing, administration and distribution, the big players were seen as the only beneficiaries of vertical integration. The right technology
October 30, 2014
Global long/short funds have delivered on downside protection says Zenith
Global and Asian long/short funds have delivered on downside protection whilst still participating materially in market upswings over the past 14 years, according to the latest Global long/short sector review released by research house Zenith Investment Partners recently. Over the 14 years assessed in the review the global and Asian long/short funds have produced upside
October 30, 2014
Client Wire joins AdviceInnovation hub
AdviceInnovation, the online hub providing innovative solutions for Australian financial advice businesses, has welcomed Advice Connect, creators of the advice client communication App, Client Wire, to the group. Advice Connect CEO, Mike Giles, says Client Wire gives advisers the ability to engage clients via their own branded mobile App. “Client Wire facilitates secure, private messaging
October 29, 2014
Countering short-termism in financial markets with a long-term approach – CIFR
New research released by the Centre for International Finance and Regulation (CIFR) may help to redress the so-called problem of short-termism in the financial markets by offering insights into how institutional investors might successfully adopt a long-term approach. The research also provides unique insight into the investment strategies deployed by the Future Fund, describing how
October 29, 2014
Should financial adviser compliance ranking be proactive not reactive?
Financial planner compliance ranking needs to be predictive rather than retrospective, according to the head of financial advice and accountancy dealer group GPS Wealth. Grahame Evans, director of GPS Wealth, compares compliance ranking to the role of insurance underwriting, in that it should indicate areas where risk could arise. One of his key criticisms of
October 29, 2014
Independent financial planners seek a toehold among industry and professional associations
The Independent Financial Advisers Association of Australia (IFAAA) is attempting to carve out a bigger niche for itself amid the shifting landscape of industry and professional associations. The Independent Financial Advisers Association of Australia (IFAAA) is attempting to carve out a bigger niche for itself amid the shifting landscape of industry and professional associations. This
October 29, 2014
Pedaling from Melbourne to Adelaide in the Future2 Wheel Classic 2014
It all started at the Future2 gala dinner on 17th October 2013. Listening to Steve Helmich, Chair of the Future2 Foundation, speaking about the impact Future2 had on the young Australians that received grants that year. That evening, some of the kids themselves opened up to a group of strangers to tell their own inspiring
October 29, 2014
App, App and away as Wealthtrac launches second financial shareable App
Platform and wrap provider Wealthtrac today launched a new shareable App for its popular wrap product that will enable Wealthtrac members to monitor their super on their phone or mobile device. The innovation follows the overwhelming success of Wealthtrac’s mobile shareable application for SMSFs that delivers news and information to anyone interested in self managed
October 28, 2014
