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ASX flat as value rotation continues, Premier (ASX:PMV) hits record The ASX200 (ASX:XJO) eked out a 0.1% gain for the day, with the ‘value’ rotation in full swing. The strengthening oil price combined with a weaker USD sent the sector 4.2% higher, Origin Energy (ASX:ORG) and OilSearch Ltd (ASX:OSH) were the key beneficiaries, up 3.0% and 6.0% respectively. ORG has been further…
Managed discretionary accounts (MDAs), or managed portfolios as they are more commonly known, have grown in popularity in recent years, primarily on the back of demand from financial advisers to assist in managing their clients’ capital. Yet few still understand how they actually work and what benefits they can provide investors and advisers alike. In…