Author: Jordan

Are FTSE 250 Industrials Quietly Outpacing the Headline Benchmark? Kalkine Media Source link

Full name: Ashley Hooker Job title: Owner / Senior broker Company: Mortgage Choice Woronora Heights Number of years in the industry: 13  Location: Woronora Heights, Sutherland Shire, NSW How and when did you become a mortgage broker? I initially started as a loan writer around 2012 for an existing broker. After completing the initial learning curve, I decided to start my own business and became a franchisee. In your opinion, what has been the most positive development in broking? I think Best Interests Duty (BID) has become our superpower. When it was first introduced, everyone freaked out about the…

Global hedge fund leverage sits near multi-year highs. JPMorgan estimates that quarter-end rebalancing could trigger a $165 billion stock selloff before June ends, raising the risk of sharp moves in crowded technology trades. The warnings come from Goldman Sachs and JPMorgan, two of the biggest forces in equity markets. Both point to the same risk, that leveraged and concentrated positions could amplify any pullback once mechanical selling begins. Leverage Builds Inside a Crowded AI Trade Goldman Sachs prime brokerage data has tracked leverage rising for over a year. Gross hedge fund leverage reached about 294% in June 2025, a five-year…

Open this photo in gallery:Reverse mortgages often carry interest rates of around 7 per cent for a five-year fixed term, whereas a conventional mortgage is roughly 4 per cent.carebott/iStockPhoto / Getty ImagesIn a country where homeownership is often seen as a financial rite of passage, some Canadian parents are turning to reverse mortgages to unlock the value of their homes and gift the proceeds to family, often to be used for a down payment.According to HomeEquity Bank, one of Canada’s major reverse mortgage lenders, the number of customers using home equity to gift money to relatives has risen 32 per…

Zephyr Homeloans has reduced all fixed rates across its buy-to-let mortgage range by 15bps, with new pricing now available through sourcing systems and the lender’s website. The lender said the rate reduction applies across its entire fixed-rate buy-to-let proposition. Following the changes, two-year fixed rates now start from 2.99%, while five-year fixed rates begin at 4.69%. The headline rates are available with a 7% product fee. However, brokers can select from a range of fee options, starting from 0%, to help tailor products to the needs of individual landlord clients. The revised pricing is available immediately across Zephyr Homeloans’ buy-to-let…

For most investors, Warren Buffett remains the gold standard. Over six decades running Berkshire Hathaway (NYSE:BRK-A | BRK-A Price Prediction)(NYSE:BRK-B), Buffett generated average annual returns of roughly 20%. That may not sound extraordinary until you remember the S&P 500 returned about half that rate over the same period. A dollar invested with Buffett in the 1960s became a fortune. Yet Buffett isn’t the highest-returning investor ever. Peter Lynch, Stanley Druckenmiller, and several other legendary money managers posted superior annual returns. The catch is they did so over much shorter periods. Maintaining market-beating performance for 10, 20, or even 30 years…

Enhanced Group announced the closing of the initial tranche of its previously disclosed $50 million private investment in public equity financing. The remaining tranches are expected to close following customary regulatory and stock exchange approvals. The financing is led by Apeiron Investment Group, the family office of Enhanced Co-Founder and Chairman Christian Angermayer. Enhanced Co-Founder and CEO Maximilian Martin also participated in the financing, along with global institutional investors. Apeiron Investment Group and Martin participated with ticket sizes of $20 million and $5 million, respectively. Enhanced said the financing provides the company with a path toward operational profitability in 2027 while…

I’ve been in the world of points and miles for a long time, and I’ve been asked more times than I can count which rewards credit card travelers should get first.My answer is almost always the same: Chase Sapphire Preferred® Card (see rates and fees).The Sapphire Preferred has been around for over 16 years, but that doesn’t mean it is stale. In fact, it just got a refresh that made it an even stronger card to start with while retaining a low $95 annual fee.Plus, for a limited time, the Sapphire Preferred is offering 100,000 bonus points after spending $5,000…

June 22, 2026 — 5:00amSaveYou have reached your maximum number of saved items.Remove items from your saved list to add more.AAAWhen consumers feel richer, they’re also more likely to loosen the purse strings, according to conventional economic wisdom. And for most of the last three decades, the biggest source of household wealth – real estate – has been heading in one direction: up.So, what happens to household spending when people’s biggest asset starts losing value, instead of rising? And how much does it really matter for the wider economy?The price of housing, the biggest asset class in Australia, is expected…

Japanese superstar Forever Young  will make his final prep for a title defense in the $7 million Breeders’ Cup Classic (G1) on opening day, Sept. 18, at the newly renovated Belmont Park in the $1 million Jockey Club Gold Cup (G1), trainer Yoshito Yahagi confirmed on X June 21. The historic race, which will be conducted over 1 1/4 miles on dirt, has been in the plans for champion son of Real Steel  since finishing runner-up to Magnitude  in the March 28 Dubai World Cup (G1), but connections had also been considering taking the 5-year-old to Europe to race in top turf events.…