Aussie investors should diversify into quality US real estate

There’s always a flight to quality when there are stresses in the market and at this point in the cycle institutional investors should focus on the quality of market and the quality of real estate, says JP Morgan Asset Management’s Ann Cole.

Mercer: Grattan research flawed and misleading

A campaign by the Grattan Institute against lifting the superannuation guarantee rate to 12 per cent is based on a “misleading” model, according to a new Mercer report released on Thursday. Mercer senior actuary David Knox said the Grattan findings used a series of assumptions that were not realistic for the average Australian.