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Global investment manager Pacific Investment Management Corporation (PIMCO) released the results of an extensive survey of Australian investors this week. The first of what will be a regular temperature check for investment markets, the survey questioned 2,500 individual investors aged over 35 with liquid assets exceeding US$100,000 ($131,000), on major market indicators. The survey spanned…
Over a year ago I made some comment on breaking news that Dixon Advisory, the wealth arm of listed wealth giant Evans Dixon (ASX: ED1), had been publicly called to task on recommendations for clients to invest in several of its in-house investment products that had performed poorly. One particularly egregious performer was its heavily recommended…