Not all fund managers are the same. They have different philosophies that they invest by.

Whilst enjoying my family holiday in Newcastle I came across the following article that helps to explain the 2 most common styles as well as an insight as to how they perform at various times in the Economic Clock   …… http://genxadvisers.com.au/economic-time-clock/

AXA’s Chief Investment Officer Mark Dutton looks at how the two main contrasting  ‘styles’ of investing – growth and value – are positioned for the next phase of the recovery

To read the article Click  https://adviser.axa.com.au/idc/groups/public/documents/system/axa_006019.pdf

This means good news for Newcastle businesses. As a financial advisor I come across a lot of data, but this news of China’s continued growth is significant due to recent fears of a douple dip recession.

• (Reuters) – Chinese industrial output growth in November jumped to its strongest since June 2007, underlining the economy’s brisk recovery from the global downturn in response to massive fiscal and monetary stimulus. Consumer price inflation also turned positive in November in year-on-year terms after nine straight months in negative territory.

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WORDS don’t come easy

 The Key Words of 2009!

As a Newcastle financial advisor I often get asked my opinion on various “buzz” words that people hear in the press.

Here are some key words that summarise what the big investment issues of 2009 were, as well as some of www.perennial.net.au. thoughts on what may unfold in 2010.
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Newcastle financial advisor, Dustin Kavanagh urges people of Newcastle to consider two things.

Firstly, what standard of living do you want in retirement and secondly, what choices are you making now to obtain this.

It all starts with actually articulating what it is that is important to you about your retirement, Dustin said.

Here is an interesting article published 24/11/2009 By Emma Thelwell, ninemsn Money

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THE Australian dollar’s astronomical run is threatening to put a brake on the economic recovery, with many of Newcastle’s exporters, especially mining companies fearing further rises.

Every time the dollar increases in value against the US dollar and other major currencies, Australian exports become more expensive for customers and less competitive in global markets.

Once known as the Aussie battler, the dollar has risen over 50 per cent in the past year from lows of US60c, and is heading towards parity with the greenback.

Driving the gains are the wide interest rate differential from Australia to the rest of the world, the general decline in the value of the US dollar and the strength of commodity prices, because about 70 per cent of Australia’s exports are commodity-related.

In economics this is called the resources curse — you have a strong currency because of demand for your resources, but that makes it harder for businesses to compete globally.

 Enjoy this article by Mark Dutton, Chief Investment Officer – Australia & NZ, AXA Read the rest of this entry »