Insurance Schmexperts

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Just as it seemed the life of a financial adviser would return to mind-numbing dullness after the FoFA brouhaha, the Experts Schmexperts have re-appeared with more great ideas.  What a relief! I was concerned that I would not have anything more to worry about other than focus on my clients, helping them to navigate the […]

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Oliver’s Insights – 3 steps forward, 2 steps back – but Euro-zone risks are receding

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The risk of a break up in the Euro-zone peaked in May, and has been declining since as European leaders have opted for “more Europe” and the ECB has committed to do whatever it takes to ensure the euro is irreversible. The Euro-zone debt crisis is a long way from over, and it will be […]

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Zenith 2012 International Shares Sector Review

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Developed and emerging markets are continuing to merge, according to Zenith Investment Partners 2012 International Shares sector review. Where a company is domiciled is no longer such a focus for global equity managers. Bronwen Moncrieff, Senior Investment Analyst at Zenith said “Barriers that may once have existed and encouraged the separation between developed and emerging […]

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ATO: take care what you declare!

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So far this tax time the ATO has already stopped 58,000 income tax returns containing suspected over claimed or fraudulent refunds. “Each year our ability to match data gets better, making it more likely people will be identified if they leave anything out or incorrectly report items on their tax return,” said Tax Commissioner Michael […]

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Richard Borysiewicz joins Swita Investment Management

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Swita Investment Management has appointed Richard Borysiewicz to the newly created position of Director of Strategy and Distribution.  Founded in 2009, Swita Investment Management is a boutique investment manager that seeks to capture macro themes and gives investors exposure to international markets when they see value.  CIO Andrew Switajewski said Swita was making strong traction […]

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Australian hedge & boutique funds control 17% of entire investment industry – study

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The inaugural Triple A Partners/ Basis Point Consulting Australian Hedge and Boutique Fund Directory launched on 17 September. Highlights 165 hedge and boutique investment management firms control $208.4 billion, equivalent to 17% of the $1.19 trillion managed by all investment managers in Australia. The directory identifies 102 independently-owned boutiques (predominantly long-only, benchmark-unaware strategies) with $165.6 billion […]

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Wither the UK?

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The UK’s Standard Chartered bank is under investigation by four US federal bodies and faces up to a US$1 billion (A$1.05 billion) in fines for bypassing US money-laundering sanctions against Iran, including the US$340 million settlement already struck with New York regulators for the offence. The scandal emerged in August when the New York State […]

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Preference for bank deposits hits 38-year high

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The Westpac/Melbourne Institute index of consumer confidence rose by 1.6 per cent in September to a reading of 98.2. Sentiment levels are up 1.3 per cent on a year ago. The majority of Aussies believe that the wisest place for savings is in the bank (39.0 per cent of respondents) – the highest level in […]

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Oliver’s Insights: Shares climbing a wall of worry

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The attached ‘Oliver’s Insight’ looks at the continuing recovery in share markets, despite ongoing worries about the global growth outlook. The key points are as follows: Global growth is likely to be in the process of bottoming ahead of a pick up next year. The risk of a Euro-zone meltdown is receding, more monetary easing is also […]

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House prices up, as first home buyers return to the market

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Median house prices across Australia’s capital cities have increased over the June quarter by 1.4 per cent, with other dwellings up 0.6 percent, according to the latest data from the Bendigo Bank/REIA Real Estate Market Facts report prepared by the Real Estate Institute of Australia. Bendigo and Adelaide Bank’s Executive Retail, Dennis Bice, said the […]

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