The duality of risk profiling
Advisers who are de-risking client portfolios tactically, rather than to match clients’ risk tolerance, could be setting them up to fail, according to the principal of farrelly’s Investment Strategy, Tim Farrelly.
September 03, 2012
In Focus: Smoothing out the ride
In an investment environment dubbed the “new normal”, the name of the game is to find asset classes that have little or no correlation with each other, and then combine them efficiently in a portfolio to achieve the best risk and return trade-off for investors. In truth, that’s always been the aim of portfolio construction
September 01, 2012
Life after
modern portfolio theory
Modern portfolio theory (MPT) was originally conceived to give investors a way to use a set of investment inputs to create an efficient investment portfolio Michael Kitces, partner and director of research, Pinnacle Advisory Group, says that in the intervening period, many investors have lost sight of how best to use it.
August 30, 2012
The fund ain’t over
In addition to being nominated in their respective fund categories, these managers are also in the running to be named Australia’s overall Fund Manager of the Year. Professional Planner/Zenith fund Award 2012 nominees – part two:
August 28, 2012
Rethinking emerging markets
Ramin Toloui, co-head of emerging markets at fund manager Pimco, says it’s a well-established fact that an allocation to bonds can reduce the overall volatility of a portfolio, but the case for including emerging-market bonds is less well understood.
August 27, 2012
The rise and rise of hybrid securities
Since the global financial crisis, retirees have flocked to term deposits because of the attractive rates, and the security and stability they offer Hybrid potential There’s been a surge in demand for what might be called intermediate risk investments, such as subordinated bonds, often referred to as hybrid securities.
August 27, 2012
Let the fund begin!
In total, there are 15 fund categories, along with Fund Distributor of the Year (for the organisation that provides access to third-party managers’ capabilities) and the coveted Fund Manager of the Year Professional Planner/Zenith Fund Award nominees: Diversified funds:
August 21, 2012
Best practice: ASIC won’t expect perfection
The financial planning industry has some grounds for concern over elements of the regulator’s guidance on the best interests duty and scaled advice, according to a lawyer specialising in the Future of Financial Advice (FoFA) reforms.
August 14, 2012
Former ATO man turns from insider to activist
Financial planners have been urged to contact the Australian Taxation Office (ATO) to seek clarification of their clients’ concessional and non-concessional superannuation contributions to avoid running foul of contribution rules and paying punitive penalties.
August 14, 2012
Small territorial issues but no turf war: CPA
CPA Australia has taken a conciliatory tone in what some believe is a looming battle between accountants and financial planners as both professions seek advantage from the Future of Financial Advice (FoFA) reforms. Alex Malley, chief executive of CPA Australia, believes the vast majority of accountants has no interest in providing product advice and only wishes to establish professional referral networks.
August 13, 2012
