As 2020 came to a close, I attended AMP Capital’s 2020 review and outlook for 2021, titled From Pandemic to Recovery,” at which the star speakers were the firm’s chief economist, Shane Oliver, and senior economist, Diana Mousina. Oliver began by acknowledging that 2020 “had certainly been an unprecedented year for Australia and global markets,…
The beginning of 2021 couldn’t have gone more smoothly for investment markets, delivering strong returns despite the events in Washington, DC. The first week of trading saw a continuation of the end of 2020, with Australian commodity companies, BHP Group (ASX:BHP) and OilSearch (ASX: OSH) pushing the market higher, adding 15% and 10% in the…
Managed discretionary accounts (MDAs), or managed portfolios as they are more commonly known, have grown in popularity in recent years, primarily on the back of demand from financial advisers to assist in managing their clients’ capital. Yet few still understand how they actually work and what benefits they can provide investors and advisers alike. In…
Bitcoin is back. The first digital currency, introduced back in 2009, has once again gone on a mammoth bull run and reignited debate over its value. The price of Bitcoin hit all-time highs in 2020 reaching A$50,177, ending the year by doubling in less than a month. Its price is up by more than 330%…
With 2020 behind us, the first year of the pandemic is now history, but recent headlines suggest it is far from over. The virus continues to spread, intermittent lockdowns have become the norm and Australia will soon roll up its sleeves after securing 53.8m doses of the AstraZeneca and 10m doses of the Pfizer vaccines….
