The “decidedly subpar” investor experience with managed funds is often down to two factors – overstretched portfolios and human bias – that a high-conviction focus on quality stocks can help avoid, according to Claremont Global’s Bob Desmond.
The unique benefits of a gold allocation are clear, but investors, particularly retirement savers, are missing out on much of the market according to World Gold Council market strategist Joe Cavatoni, who says the metal’s dual role as a consumer good and an investment asset is key to its bright outlook.
“Unresponsive. Slow. And not member-focussed.” The Assistant Treasurer took superannuation funds to task for failing members on several levels at a “critical juncture” for the system, repeating the government’s call for a legislated objective of super.
The approach of retirement requires a profound change in how investors approach markets and construct portfolios, including arranging their income needs around three distinct periods of retired life, the financial advice firm’s founders said.
Ahead of screenings of a new film about the 2021 GameStop short squeeze, Australians will see a warning about the risks and regulatory perils of social media and market manipulation, part of a new ASIC campaign aimed at preventing ‘dumb money’ losses.
Australians have an “amazing love affair” with property, but many are limited in their investment exposure. At AIA’s recent annual conference, investors heard how three alternatives to direct ownership provide portfolio benefits with less hassle, particularly for income-seeking retirees.
Higher bond yields are making fixed income fundamentally more attractive than it was during years of ultra-low interest rates. AMP’s Diana Mousina and Chris Baker recently discussed the opportunity set as investors look to add income and defensiveness in a new paradigm.
Saying the plan to double the tax rate on super balance amounts exceeding $3 million will improve the sustainability of Australia’s retirement system, the peak industry body nonetheless called for careful retooling of aspects that it says could lead to inequity.
Repeating his warning that markets are undergoing a “sea change” that will see a new set of winners and losers emerge in short order, the famed distressed-debt investor said it’s time to consider a profound shift from asset ownership to lending and credit.
Morningstar head of equity research Peter Warnes recently laid out a bleak take on the chances of a recession, along with simple rules for investors to follow in the coming economic and market confusion. Simplicity and risk control will be key, as will harnessing sustainable tailwinds.
