News

What do horse drawn carriages, cds and landlines have in common? They are all outdated technologies which were once the cornerstone of their industries. With the introduction of the “robo-advisor”, are human financial planners the next outdated technology?

One wealth manager has already exited clients with less than $1m invested with the firm, and there’s potentially for this to increase to $10m. Read the story. Cygura offers a scalable, cost effective, automated and Australian Corporations Act compliant solution that addresses many of the compliance issues for financial advisors or product providers. Discover better processes and enhance value with your clients. Try Cygura.

It is estimated (HSBC Research) that 12.6% of Japanese investor’s $44b US overseas bond purchases in 2014 made it into Australian Dollar bonds. That is over $5b US. With recent changes as to how Japanese Pension funds invest, it is estimated a further $63b US of investment will be made in Australian bonds in the next two to three years.

What is a sharemarket index? Nightly news bulletins keep us informed about the performance of markets by showing changes in indices such as the ASX 200. This raises 2 questions. What is an index and why should we care if it moves up or down?