Investors have received letters regarding a complex proposal from OPI Pacific Finance Ltd (formerly MFS Pacific Finance Ltd) and Octavier Ltd (formerly MFS Ltd). We investors have until 6 September to respond. There are two decisions to make… (more…)
Securities analyst and Pacific Wealth Creators founder James Clague is highly critical of overly diversified portfolios constructed by financial advisers, which he says is damaging investor returns…
I have seen numerous portfolios where the asset allocation is in my opinion unintelligent, irrational and often conducted in the name of diversification. This mass-diversification approach damages returns. (more…)
The following information was provided by Colin Austin of DecisionMakers who is a financial adviser and a long-standing Aegis user…
If you have any assets in your portfolio with a (W), it generally means it is a Wholesale fund, but could also be a Discounted Retail Fund – which I will explain shortly. (more…)
A reminder that the next Whangarei meeting for Vestar investors is on tomorrow… (more…)
DM emailed VoV this question:
“Some of the investments in the Aegis portfolio have a “w” next to them which indicates they are a grouped investment with other investers, and I’m told that because of the wholesale nature they can’t be transfered out of Aegis to ones personal name. The example I have is a small investment in St Lawerence. Is this correct or can I insist they get transfered to my name personally?” (more…)
Your retirement fund contains a whole bunch of failed investments because of poor advice from Vestar. First I’m going to tell you WHY you should transfer those investments away from Vestar/Gould. Then in part 2 I’m going to tell you HOW (more…)
The next Whangarei meeting for Vestar investors is planned as follows…
$5 door charge to cover costs. All current and prospective members of EUFA are most welcome to attend. See you there, and please spread the word! – Suzanne Edmonds, EUFA coordinator
As flagged on this website on Friday 25th July 2008, Cymbis Australia went into receivership on Friday. That brings Owen Tallentire’s tally of failed finance companies to three which collectively owe investors nearly a quarter of a billion dollars… (more…)
Be careful what you say lest it comes back to haunt you. Back in February 2008, Vestar’s website carried this statement…
Your Vestar adviser has (more…)
We have uncovered evidence of Vestar trying to sneak investments into investors own names instead of selling them as instructed.
Earlier this year a couple advised Vestar they wanted to cancel their agreement with Vestar and sell everything. Vestar wrote saying they were sorry to see them go and enclosed a bunch of forms to sign. Before signing they decided to check with their lawyer and were shocked to discover (more…)
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