Last week, the Morrison Government announced that it would allow cash strapped Australians that have lost their jobs to access up to $20,000 in savings from their superannuation fund.
Most superannuation funds, and especially industry funds have significant balances in unlisted assets. Many are telling you that these assets haven't lost money, or are only down a little despite sharemarkets being down close to 30%. This gives rise to perverse incentives for superannuants:
Topics on the agenda today; how Marcus Today & Nucleus Wealth have performed thus far throughout the Coronavirus Crash, Marcus' unique investment perspective, the impact (or lack thereof) of interest rate drops to the market, Trump's obsession with the stock market, if there will be structural ...
Nucleus Wealth's Head of Investments Damien Klassen was recently featured on the Australian Investors Podcast with Owen Rask of Rask Australia. Check out the episode in webinar or podcast form
Today we look at the at the credit fallout of Coronavirus. What is the nature of this financial crisis? Is it over or does it have further to run? What is the role of banks and central banks? What are the implications for assets? All of these questions and more answered today by Nucleus Wealth’s ...
Nucleus Wealth’s Head of Investments Damien Klassen was featured in a Fund Manager Q&A today with Livewire Markets focused on Nucleus having called the possibility of Coronavirus causing widespread crashes in January when there were just 400 cases. Livewire note what's happened since:
In his masterpiece, The World in Depression, Charles A. Kindleberger concludes the major cause of the Great Depression was a paralysis of leadership caused by the decline of the UK and the immaturity of the US. Neither was able to provide leadership and put themselves forward as the economy of last ...
I don't think investment performance fees help. Actually, I suspect performance fees probably do more harm than good.
Chant West returns released its returns for superannuation funds for last month and a preview of the March massacre. Our funds beat the benchmarks by up to 3.7% in February. In March returns to date our funds look to be beating benchmarks by closer to 10%.
In today's webinar, hear from Nucleus Wealth’s Head of Investment Damien Klassen, Tim Fuller and Jonathon Rochford of distressed debt lender Narrow Road Capital as they cover "Coronavirus Brings Feast to Distressed Debt Market" Topics include: corporate debt markets - how locked up are they and ...