The Inside Network welcomed financial advisers, asset consultants, and family offices from around the globe for its first Equities and Growth Assets Symposium this year. At a packed-out event, some of the brightest minds collaborated and discussed the challenges and opportunities in equity markets at a time when the world is seen to be entering…
It was roughly ten years ago now, that Nick Griffin, chief investment officer at Munro Partners, marched into the Melbourne office of Sornem Private Wealth and gave a presentation on how a bookstore would one day turn into a superstore. We thought he was crazy. Remember when Amazon sold only books? It’s hard to imagine…
As investors start to look past the pandemic, the economic cost and scarring from Covid-19 has been significant. The International Monetary Fund (IMF) says “unlike the 2008 crisis, emerging markets and developing economies are expected to suffer more scarring than advanced economies”. In the same way that the US and Australia were able to provide…
The Financial Planning Association (FPA) this week released guidance on best-practice approaches to file note records to support more transparent and detailed record-keeping. The changes come in response to consumer complaints that highlighted gaps in records as part of subsequent investigations. The FPA said “The new guidance provides innovative ways for financial planners to create…
The first quarter of 2021 saw renewed confidence in global equity markets supported by positive developments in the fight against coronavirus together with better-than-expected economic data. Fiscal stimulus and vaccine rollout have far exceeded expectations causing equity markets to overcome bouts of volatility. The Dow Jones and S&P 500 indices hit new all-time highs. The…
Michael Karagianis who is the head of NFP and Retail Partnerships at JANA Investment Advisers presented “The role and outlook for credit” at The Inside Network’s third Masterclass session this year. His message to investors is to prepare for further volatility during the COVID-19 recovery. Global interest rates are at historic lows as central banks…
Towards the end of last year, ASIC began preparations to request relevant documentation from major dealer groups around life insurance advice. This year is a vital year for the life insurance industry because it’s when ASIC will review the Life Insurance Framework (LIF). The Federal Government had organised to this review back in 2017/18, when…
In a nutshell, value investing is buying ‘quality’ companies at share prices well below intrinsic value. Quality is defined using four characteristics: A high-quality business that sells high-quality products, usually market leaders. Low debt – tend to handle downturns better. Sound management. Recurring earnings – start-ups are not preferred. Warren Buffett’s famous saying “Finding an…
Stephen Bruce is a director, portfolio manager and head of research at Perennial Value. He joined as an equities analyst in April 2000 and was promoted to the role of research coordination/senior equities analyst and assumed the role of deputy portfolio manager for the Perennial Value Shares for Income Trust in 2006. In 2011, he…
This week we caught up with Luke Spiller, a partner at Melbourne-based Scholten Collins McKissock Wealth Management. Luke is an up-and-coming leader in the financial advice industry, a ‘lifer,’ so to speak, who points to the evolution of investment markets as a key reason why he is as excited as ever to be in the…
