Active versus passive investing

By Steve Blizard One of the longest-running financial debates focuses upon on whether it is better to invest in funds that are actively managed versus “passive” index funds. This debate was recently given an additional boost when the world’s best known active manager, Warren Buffett, suggested in his latest annual Berkshire Hathaway letter that most…

Fears grow over Chinese housing glut

Overbuilding by Real-Estate Developers Leaves Smaller Cities With Glut of Apartments CHANGZHOU, China— Wu Xuesong, a professor in this city on the Yangtze, says he doubled his money on an apartment he bought as an investment some years back and is ahead on a second.  Buy a third? Forget it. Mr. Wu slides open a…

Are Aussie homes overvalued?

As predicted by Christopher Joye early in 2013, house prices have been soaring. Across Australia’s eight capital cities, home values have surged 10.8 per cent over the 12 months to April 2014. Properties in Sydney and Melbourne have registered capital gains of 16.5 per cent and 11.0 per cent respectively. Which raises the question: is the market getting…

SMSFs considered by a growing number of Industry Super Fund Execs

More than a third of people employed in the superannuation sector have actually considered establishing a self-managed superannuation fund (SMSF). The key finding has been revealed in a survey conducted by Money Management’s sister publication, Super Review and sponsored by MetLife, during the recent Conference of Major Superannuation Funds (CMSF) on the Gold Coast, with the significance of the…

Former Central Bank Economist sees Speculative Bubbles

  I see speculative bubbles like in 2007 William R. White, the former chief economist of the Bank for International Settlements, warns of grave adverse effects of the ultra loose monetary policy. William White is worried. The former chief economist of the Bank for International Settlements is highly sceptical of the ultra loose monetary policy…

Insurance claims worse for Industry super funds: PWC

Industry fund claims experience worse than retail: PWC By Laura Millan  4 April 2014  Financial Standard The claims experience at industry superannuation funds has deteriorated in recent months and is now worse than in retail funds, PriceWaterhouseCoopers partner Barry Rafe said. Speaking at the Financial Services Council 2014 Life Insurance Conference, Rafe said that “in…