While there’s no such thing as a free lunch,riskier investment opportunities can drastically improve your wealth creation.
The Sydney-based Russian-born portfolio manager has been attracted to the diverse and unconventional since she was a girl – and it’s been serving her well.
A growing group of primarily young Australians are looking at trading cards as alternative investments,much in the same way as older generations purchase wine or art.
The Tribeca lead portfolio manager Jun Bei Liu was introduced to sharemarkets through her father. Now she manages $1.1 billion,and he defers to her for investment advice.
Perpetual problems are part of a bigger trend where institutional investors,like super funds,are bring more of their investment management in-house.
One in four millionaires in the world plans to emigrate this year and their top destination is Down Under. But what's causing the exodus?
Two years ago Contango,then headed by one-time UBS investment chief George Boubouras,was poised to be a sector darling backed by gaming billionaire James Packer and his (former) confidante Rob Rankin.
The management reshuffle starts at AMP as new CEO Francesco De Ferrari rules out any changes to the sale of its life insurance business.
Predicted US rate rises and a proposal to cease paying cash refunds for excess franking credits are compounding the uncertainty brought on by the banking royal commission.
Current chairman Brett Cairns will move to chief executive while co-founder Hamish Douglass will become chairman and will continue as Magellan's chief investment officer and lead portfolio manager.