Fund executives need to ‘start with themselves’ if they truly want to understand how their trustee boards make decisions, according to Grant Brecht, an industrial psychologist. “The first place we need to start is ourselves and our personal style
Money might not bring happiness but it could cure malaria
At the UNHCR’s first Twilight Seminar, Jack Gray, global investment strategist at GMO, questioned the appropriateness of GDP as a measure of well-being and the possibility of introducing policies to discourage excessive hard work.
VFMC staff to score pay rise – if they get their jobs back
Investment staff at the Victorian Funds Management Corporation (VFMC) will this week be re-interviewed for their jobs, as part of a restructure understood to have shaken staff morale.
Australian investors need to play catch-up with commodities, Macquarie says
Australia is behind the times when it comes to including commodities in balanced investment portfolios, according to new research from Macquarie Bank.
The English practice: what makes for winning advice in the UK
Boutique English firm Index Fund Advisors was recently named as the country’s top financial planning business by an industry publication. Its principals, Noel Farelly and Les Phillips, as their company name suggests, are anti-active management but their service offering has been rated above benchmark.
Commodities boom: why the consensus view is short-sighted
Booming demand from China and India, coupled with supply constraints because of years of under-investment mean that commodities prices will stay high, despite last week’s correction, for the foreseeable future. Right? Unlikely, says Bill Miller, the chairman and chief investment officer of Legg Mason Capital in the US.
Your Portfolio
Shaw Stockbroking launches a discretionary managed direct equity investment service for wholesale and retail investors.
The Forestry Project
Shaw Stockbroking launches a discretionary managed direct equity investment service for wholesale and retail investors.
Capital Forestry Units
Shaw Stockbroking launches a discretionary managed direct equity investment service for wholesale and retail investors.
Income Forestry Bonds
Shaw Stockbroking launches a discretionary managed direct equity investment service for wholesale and retail investors.
Thumbs up for super changes – now for the haggling over details
The need for better transitionary arrangements for some people who had aimed to retire within the next few years represents the main adverse reaction to the sweeping changes to superannuation brought down in last week’s Federal Budget.
FPA floats open-door policy
The Financial Planning Association (FPA) yesterday released a proposal that will radically alter membership criteria and could boost member numbers which slumped from a peak of about 14,000 in 2001 to its current level of just over 12,000.
