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Edition: 47

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Edition 47

  • 31 January 2014

A new managed fund service from ASX, automatic investing, a review of global markets in 2013, the USB bond indexed explained and a look back on portfolio management innovations.

ASX’s managed fund service is threat to platforms but assists SMSFs

The ASX is almost ready to launch its managed fund service 'mFunds' which will enable investors to invest in and redeem managed funds directly. It may take a while to play out but there are many potential winners and losers.

Make ‘automatic’ investing your first item of expenditure

Where possible, we should be saving more, whether it's for retirement or a rainy day, but our human psyche seems to work against us. The key is to put money aside first and make the payments automatic.

Global stock markets in 2013

A pictorial look at how the main developed and emerging stock markets fared in a post-GFC world, with an unfashionable conclusion. Which countries came out on top, and which were best avoided?

What’s that UBS bond benchmark in the annual statements?

There's an interesting history of state and federal government finances and innovative merchant bankers behind the UBS bond index often found in annual statements from fund managers.

Standing on the shoulders of giants

Modern portfolio analysis has evolved since the 1950s with each innovation building on the existing body of knowledge. The work of the pioneers of funds management analysis is still influential today.

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Building a lazy ETF portfolio in 2026

What are the best ways to build a simple portfolio from scratch? I’ve addressed this issue before but think it’s worth revisiting given markets and the world have since changed, throwing up new challenges and things to consider.

Get set for a bumpy 2026

At this time last year, I forecast that 2025 would likely be a positive year given strong economic prospects and disinflation. The outlook for this year is less clear cut and here is what investors should do.

Meg on SMSFs: First glimpse of revised Division 296 tax

Treasury has released draft legislation for a new version of the controversial $3 million super tax. It's a significant improvement on the original proposal but there are some stings in the tail.

Ray Dalio on 2025’s real story, Trump, and what’s next

The renowned investor says 2025’s real story wasn’t AI or US stocks but the shift away from American assets and a collapse in the value of money. And he outlines how to best position portfolios for what’s ahead.

10 fearless forecasts for 2026

The predictions include dividends will outstrip growth as a source of Australian equity returns, US market performance will be underwhelming, while US government bonds will beat gold.

13 million spare bedrooms: Rethinking Australia’s housing shortfall

We don’t have a housing shortage; we have housing misallocation. This explores why so many bedrooms go unused, what’s been tried before, and five things to unlock housing capacity – no new building required.

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