9 December 2008 05:15
Naoumidis admits that the SMART Funds will benefit from the lobbying already done by Perpetual Investments on behalf of its WealthFocus Investment Advantage platform, which gained an ATO tax ruling which will allow investors to switch between 76 underlying funds without crystallising any capital gains tax. Naoumidis will seek a similar ruling.
smart, advantage, underlying, praemium, naoumidis, admits
As super funds work to understand their total portfolio exposure to the artificial intelligence thematic, a complex picture of hidden betas and “attachment points” is gradually emerging. They also need to figure out how to play the same thematic in the “tricky” China market.
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