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Franklin Equity Group’s John Remmert and Donald Huber share which trends they think are permanent and which are likely just a phase.
It was another strong week for global markets with the ASX 200 rising 1.7% and the Dow Jones ending up 3.3% last week, as reporting season continued.
It seems to me that global markets are stuck in a trading pattern, oscillating between euphoria when signs of a vaccine are announced, to despair as new economic results and increasingly protectionist policies are released around the world.
Here’s the Financial Planning news you need to know. Overnight, global share markets recovered on the back of an improving crude oil price, now $32 per barrel, and an uptick in airline bookings, sending both sectors up 4% in the US.
Sunsuper, QSuper and UniSuper are among the top funds announced at the annual Chant West Super Fund Awards. The $75 billion Sunsuper won Super Fund of the Year, Best Fund: Member Services, and Corporate Solutions Fund of the year. Geoff Peck head of client development at Chant West says: “SunSuper is a very strong all-round…
How does ETF investing go seriously wrong? If you don’t pay attention to ETF buy-sell spreads, the advantage of low MERs can evaporate.
The latest instalment of Rask Australia’s The Australian Investors Podcast features portfolio managers Tom Millner and Will Culbert from Contact Asset Management.Â
Commonwealth Bank executive Andrew Hall has joined the Insurance Council of Australia (ICA) as its new chief executive. Hall was previously Commonwealth Bank’s executive general manager for corporate affairs for over seven years and before that was director of corporate and public affairs at Woolworths for over six years. Hall will take over from outgoing…
As working from home has become the new normal for most people, there are still many opportunities for advisers and investors to cut through the noise and hear insights from some of the best investment managers and research teams from a range of webinars and virtual roundtables being hosted online every day. BetaShares – Navigating…
Following the March equity market correction due to the COVID-19 pandemic, global equity markets rebounded sharply in April, with the small cap sector outperforming. Although the short-term outlook remains uncertain, the market recovery was spurred on by several factors. Many companies were deeply oversold, with valuations having fallen significantly. Governments and central banks have responded…
The S&P/ASX 200 (ASX:XJO) is expected to open lower on Wednesday following weak leads from Wall Street.
A covid cure on the horizon? US-based drugmaker Moderna revealed positive results from its human trials of a Coronavirus vaccine, treating those yet to suffer from the disease with some positive results.