Very interesting article @Jazz6868 and thanks for posting.
The more I think about the situation with SMSF the more it is clear on the motive towards such articles imho.
The shift in people moving from managed super funds offering varied returns, generally under 10% p.a, to a SMSF is greatly taking away the available funds for managed funds to invest with as people these days are more educated and willing to conduct their own research.
Gone are the days of the mining boom and investing in banks offering >10% returns and imho these managed funds are struggling to identify the companies early enough to recognise the significant gains and have turned to using alternative methods.
Imho moving forward if BIG takes off in the US market and this is not just recognised but also relevant action is taken by some fundies from the US then this will be appropriately valued.
Maybe the investor presentation is not designed for the Australian market but maybe the US market.
GLTAH and think BIG
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