Editorial

Markets are efficient but the focus is wrong

Efficient market theory does work according to Kevin Bailey who writes that the problem actually lies in the advice and research clients receive....

Editorial

Investment projections – style over substance?

The investment projections of some fund managers lack basic ingredients, writes DOMINIC McCORMICK....

Editorial

The irrational element of investing

It has not been in my nature to forecast the future but I would like to indulge in a bit of future gazing. A debate that started in this august journal last year was the ...

Editorial

Is this the beginning of the end for managed funds?

Savvy investors are pushing individually managed accounts (IMAs) into the retail space, possibly at the expense of unit trusts. STEPHEN ROBERTSON reports. ...

Editorial

Macquarie posts small profit increase

The Macquarie Bank group has announced a small increase of three per cent, for the year to the end of March 2002 but has suffered a modest loss within its Financial Servi...

Editorial

Navigator inflows guide Norwich to profit

Norwich Union has recovered from last year’s write-downs to post a $72.1 million operating profit for the year ending December 2001....

Editorial

Rich returns with new Web business

Former managing director and publisher of Morningstar Australia, Graham Rich has resurfaced in the financial services industry with a business venture that will capitalis...

Editorial

ANZ posts record half-yearly profit

ANZ has made a record first half profit of $1.05 billion on the back of growth of corporate business, fee income and credit cards....

Editorial

Theory is no match for market forces

Efficient Market Theory (EMT) argues talent and effort have no affect on market outcomes. ROB KEAVNEY analyses the theory and its impact on developing investment methodol...

Editorial

Business sprouts with clear view of market

It is best practice to launch a business venture already knowing who your target market is. GEORGE LIONDIS spoke to ClearView’s general manager, John Cowan, about doing j...

Editorial

Looking for markets outside the square

Financial planners can no longer afford to target clients by age and net-worth alone. NICOLE SZOLLOS investigates the demographics that matter....

Editorial

What’s the next step for the local ETF market?

Ever since exchange traded funds (ETFs) arrived in Australia in late 2000, there has been a flurry of interest by both product providers and investors. MARTIN GOLD and PA...