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Edition 17

  •   31 May 2013
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Welcome from Chris Cuffe

In the third of our interviews with global doyens of the wealth management industry, pensions expert Keith Ambachtsheer provides important insights into the role of superannuation trustees and the design of pensions. Keith has many Australian clients, some of which have attended his Toronto training programme on trustee responsibilities.

How many investors think about returns in real (inflation adjusted) terms? Wealth is not rising if returns are 3% and inflation is 3%, and David Bell explains the flaws in evaluating performance in nominal terms only.

Approaching the end of the financial year, Ray Cummings reminds us of the difference between profits and losses on revenue account versus capital account. It's important to have the correct treatment in your tax return.

Phil Preston recently returned from the Global Shared Value Summit in Boston fired up about Michael Porter's new model for business prosperity, and warns us that Porter will soon be writing about the responsibilities of investors and probably trustees. Porter is arguably the world's best-known business academic, and his influence on corporate strategy is profound.

And Michael Kodari reminds us of the power of value investing and shares his basic rules for identifying the best share market investments.

Chris

Latest posts from Cuffelinks, 31 May 2013, Edition 17

  • The Keith Ambachtsheer Interview Graham Hand
  • The utmost importance of real returns David Bell
  • Taxing as revenue or capital gains – does it matter? Ray Cummings
  • Michael Porter plans to take aim at investors Phil Preston
  • Value investing and valuing a business Michael Kodari

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  •   31 May 2013
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