Charles Choong, CFP® (ARN 244731) Authorised Representative of Australian Investment and Insurance Group Pty Ltd ABN 93 068 486 126 AFSL 226405 T: 03 9820 0284 E: firstpacificfs@gmail.com W: www.firstpacificfs.com
Thursday, July 25, 2013
Investment outlook after a strong financial year By Dr. Shane Oliver, Head of Investment Strategy and Chief Economist
The past financial year saw returns of over 20% from Australian and global shares, providing very strong returns from balanced and growth oriented investment strategies.
While returns are likely to slow over the year ahead, they are likely to remain solid as share valuations are still reasonable, the global economy continues to grow, the Australian growth outlook improves into next year and monetary conditions remain easy.
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