Don’t overestimate the market downturn

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Investors shouldn’t overestimate the impact that the recent downturn in the financial markets had on their portfolios, Sharesight Managing Director Andrew Bird urged today. “Many investors consider the performance of their share portfolios only in the context of changes to the stock price,” Mr Bird said. “Investors should instead concentrate on understanding the true performance […]

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Falling gold mining equities present buying opportunity

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The real action started last week with four consecutive days of four percent or greater swings in the S&P 500 – the last time we saw this was at the height of the credit crunch. Today we saw continuing defensive repositioning on the heels of the Philadelphia Fed’s dismal manufacturing report fueling a continued climb […]

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Housing market trends: Australian homes largest in world

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New data confirms that Australia is still building the largest homes in the world. Data commissioned from the Australian Bureau of Statistics by CommSec shows that the average floor area of new homes (houses and apartments) stood at 214.1 square metres in the nine months to March 2011. The average floor area of new free-standing […]

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The sharemarket panic – what happened to the global recovery?

After the events of the last few weeks it’s easy to be bearish. After plunging nearly 20% from their highs earlier this year to the lows last week, global share markets have rebounded by around 6%. But markets remain twitchy. The slump in markets over the last month naturally raises a lot of questions: what’s […]

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BT Insurance awarded highest possible ratings

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BT Insurance has been awarded an ‘A*’ rating by independent consultancy, The Risk Store. The A rating reflects BT’s excellence in claims servicing and is the highest rating given by The Risk Store.  The ‘star’ rating reflects that BT offers a differentiated and unique claims experience with its tele-claim service that allows claims decisions to […]

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Market downturn could persist for another one to three months – BNY Mellon Asset Management

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The current market downturn sweeping the United States and Europe is expected to persist for another one to three months and will not be as bad the 2008 financial crisis, according to Jack Malvey, chief global market strategist for BNY Mellon Asset Management. “The worst case would be a mild brief recession, but we are […]

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New research: Adviser usage of eApplications levelling out

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New research shows the adviser penetration of online application facilities (eApps) for life insurance to be levelling out. A survey conducted by Beaton Research and Consulting on behalf of Zurich’s life and investments business in Australia (Zurich) shows that around one third of all advisers are still submitting less than 10% of life insurance applications […]

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ETFs perform as promised during market turmoil

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Exchange traded funds (ETFs) performed exactly as intended during the recent market volatility, according to State Street Global Advisors (SSgA). Australia’s flagship ETF, the SPDR® S&P®/ASX 200 Fund (STW), enjoyed high liquidity and tight spreads throughout the recent market turmoil and closely tracked the index net asset value, despite the extreme volatility. Frank Henze, Asia […]

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CSSA: Market volatility highlights risks to ordinary workers

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The current volatility on share markets around the world should demonstrate to Government that ordinary workers cannot afford to be without the financial guidance and access to advice currently provided within their corporate super plans, according to the Corporate Super Specialist Alliance (CSSA). “The volatility is a powerful and timely demonstration of what millions of […]

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