Russell Investments’ CIO on the S&P downgrade of US Treasury debt

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On 8 August 2011, Russell Investments’ Chief Investment officer – Client Investment Strategies Erik Ristuben provided Russell’s views on the S&P downgrade of U.S. Treasury debt and its viewpoint on the impact for fixed-income and equity markets globally. Can the market’s psyche handle the downgrade? As markets open for Monday trading on 8 August 2011, investors’ eyes […]

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Global jitters highlight value of advice and why opt-in is poor policy

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The current global financial jitters highlight the value of financial advice and underscore why opt-in is such poor policy, according to the Association of Financial Advisers (AFA). “Advisers’ phones have been ringing off the hook over the past week with concerned clients asking what the current crisis means for them,” said AFA President, Brad Fox. […]

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Lonsec releases 2011 Infrastructure Securities Funds Sector Review

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Lonsec’s 2011 review of the Infrastructure Securities Funds sector covered eight funds – six global funds, one Australian fund and one hybrid infrastructure fund. Just one fund – the Macquarie International Infrastructure Securities Fund – was awarded Lonsec’s highest rating, Highly Recommended. Andrew Coutts, Investment Analyst responsible for this sector commented, “This is a small […]

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On the defensive – innovation works for Porter Capital clients

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Porter Capital’s innovative proprietary process, Prime Momentum, moved investors to a defensive cash position that proved successful over recent global volatility and low investor confidence.  “Our models identified negative momentum in markets earlier this year. Back in May our proprietary system gave the nod to completely exit all share market positions and move to 100% […]

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Home ownership…still the great Australian dream?

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Home ownership is still highly valued in Australia. At an individual level, it is believed to provide benefits such as security, freedom and privacy, as well as a tangible investment vehicle through a regime of disciplined saving. At a broader level, it plays a central role in promoting social cohesion, participation and stability. The importance […]

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J.P. Morgan announces key appointments

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J.P. Morgan Treasury & Securities Services (“TSS”) has appointed Stewart Cowan as head of Financing and Market Products (“FMP”) Australia, New Zealand and Japan, and Michael Wynn to the Australian transition management sales desk as the firm deepens its focus on key high growth sectors in Asia Pacific.  Mr Cowan’s financial services experience spans more […]

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Integra Financial Services joins MLC owned, Garvan Financial Planning

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Integra Financial Services Pty Ltd (“Integra”) is pleased to officially announce that as of 1st August 2011, they have joined the MLC owned dealer group, Garvan Financial Planning. The move comes after 14 years with the dealer group, Charter Financial Planning, who is owned by the AMP Group as a result of the recent merger […]

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Shorten re-think a victory for consumers

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The Association of Financial Advisers (AFA) welcomes the Government’s decision to reconsider a proposal to ban commissions on life insurance inside superannuation. AFA CEO Richard Klipin said  the AFA is pleased that the Minister for Financial Services and Superannuation, Bill Shorten, who announced the possible re-think at the Financial Services Council (FSC) conference this week, […]

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FPA achieves change to risk commissions inside super

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Comments today by the Minister for Financial Services Bill Shorten indicating the reversal of ban on commissions on insurance inside Superannuation is a direct result of an ongoing campaign by the Financial Planning Association. The Minister today specifically acknowledged the efforts of the FPA in working through this issue. FPA CEO Mark Rantall said: “While […]

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