The euro has recently rallied back to the highs it reached on the night of the US election, on the back of the improved economic outlook for the Eurozone that has emerged over the course of 2017.
The question is whether the currency can maintain this momentum.
Tim Muirhead, director of Arbidyne, sees value in the euro for now.
“Our view is based on the strength of the German economy, the chance for genuine reform in France and the purchasing power discount of the euro compared to the US dollar,” he says.
If you think equities markets have run too hot this year and are due for a fall, now may be the time to increase your allocation to exchange-traded bond products.
The All Ordinaries index started the year at about 5750 points and has been climbing towards 6000 points since then.
While it is impossible to predict the direction of markets, what goes up can come down and such large market gains can point to an imminent correction.
When equities fall, bonds tend to rise, which may be one reason fixed-interest exchange-traded funds have become so popular with investors this year.
Raising money is something many small businesses need to do. But as the saying goes, often when you’re looking for money, all you get is advice and when you’re looking for advice all you get is money.
So it’s important to know where to start, who to talk to and how to pitch the business. Because if you get fundraising right, it’s a skill you can parlay into every subsequent venture.
For a lot of people, putting their business premises inside their super fund makes sense. But what about putting the business itself inside a self-managed super fund?
I put this question to Melissa Browne, founder of accounting practice Accounting and Taxation Advantage, and author of More Money for Shoes and Fabulous but Broke. She says it is possible in theory, but not really in practice, with a few exceptions.
“A lot of businesses might be attracted to that if they have cash in their super fund to buy the business. The profit on a business in a super fund may be taxed at 15¢ in the dollar, so that’s really attractive. And the ATO say you can, so there’s three big ticks,” says Browne.
“But the problem is that a self-managed super fun ... Read More
Local equity market exchange-traded products have always made up the bulk of funds under management in the category. But there are signs this trend could reverse next year, with growing appetite for strategies that produce income in challenging investment markets.
Kris Walesby, head of ANZ ETFS expects to see more smart beta products next year, particularly in fixed income.
Smart beta products tend not to track a conventional index such as the ASX 200 and instead offer investors a way to express a view about a particular market risk.
Arian Neiron, managing director of VanEck Australia agrees that next year will be a particularly int ... Read More