CPD: The gift of education – and the hidden costs of funding it

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Benjamin Franklin said that “an investment in knowledge pays the best interest”; however, given prevailing interest rates and the spiralling costs of education, saving enough to fund the educational needs of your clients’ kids or grandkids can be a significant challenge. Here, Neil Rogan, Head of Investment Bonds for Centuria, looks at the benefits of […]

CPD: Beware the ‘reflation trade’ in financial markets – if it looks certain, it probably isn’t

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Reflation trade Since the election of President Trump, financial markets have begun to price in significant tax cuts and infrastructure spending for the US economy. In addition, there is the belief the economy is operating near capacity. Combined, these two factors further the belief that inflation is on the way, because employers will need to […]

CPD: Margin lending – the basics

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Margin lending is a form of gearing whereby investors borrow money to invest in shares, exchange traded products (ETPs) and managed funds. There are good reasons to use margin loans, but it is not without its risks. In this article, OpenMarkets examines the basics of margin lending – what it is, how it works, the […]

CPD: Breaking the barriers – how technology can solve the great Australian advice conundrum

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For financial advisers intent on shaping quality practices that will help Australians build better financial futures, the rewards are many and varied. So too are some of the issues and barriers. Likelihood is however, there’s one major issue that most independent advisers grapple with: how to ethically, legally and preferably, profitably, address the needs of […]

CPD: Debunking conventional wisdom

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Grant Samuel Funds Management recently hosted Scott Weiner, managing principal and portfolio manager with fixed income specialists Payden & Rygel. Scott presented to a number of financial advisers around the country and shared a series of insights aimed to debunk some of the conventional wisdom that prevails in the world of economics and investment. In […]

CPD: The emerging middle class and its implications for global investment

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In our recent article Young tiger stalks ageing dragon we compared and contrasted India and China in terms of their economic and social development. What was clear from that paper was the exceptional rates of economic growth achieved by both nations over the recent past. A product of that growth is the emergence of a more […]

CPD: How to avoid unintended concentration risk

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Concentration risk can be defined as the risk of amplified losses that may occur from having a substantial portion of a portfolio in a specific investment, sector or asset class. The Australian sharemarket is structurally prone to concentration risk; Grant Samuel Funds Management outlines the issues and some of the strategies to avoid unintended exposure to […]

CPD: Tax Effective Investing outside of superannuation – look no further than investment bonds

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Advisers and investors urged to look carefully at options outside of super Following changes to superannuation legislated in 2016, the Treasurer has been vocal in his view that superannuation should be ‘fit for purpose’. He also acknowledged that ‘a prosperous Australia needs a well-targeted superannuation system that supports and encourages all Australians to save’, but […]

CPD: Value or growth?

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One of the great investment debates centres on whether you should be a value or a growth investor. We believe there’s more than enough evidence to support the view that value investing has delivered superior returns over the long term. Chart 1 shows the performance on the S&P 500 Value and Growth indices over the […]

CPD: Which tech? How to navigate the advice software maze

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Having accepted the need for – and benefits of – embracing technology, the big question many advice firms are now asking is: which tech? Because it’s not all created equal. In this summary we suggest some steps to take and questions to ask when considering how to get the most from your advice technology. The […]