Home on the Grange Hermitage
As any financial adviser knows, the best way to sound authoritative about the share market is to guess.
That is exactly how Christine Kiernan of Kiernan Consultants managed to bag the big prize for 2000, the Perpetual Investments All Ords competition.
As any financial adviser knows, the best way to sound authoritative about the share market is to guess.
That is exactly how Christine Kiernan of Kiernan Consultants managed to bag the big prize for 2000, the Perpetual Investments All Ords competition.
At the beginning of each year, Perpetual Investments offers a bottle of Grange to the planner who most accurately predicts the rise during the year of the All Ordinaries Accumulation Index.
And the 1999 winner is … Christine Kiernan of Kiernan Consultants in Melbourne who receives a bottle of genuine 1971 Grange now worth $600. Not a bad investment in itself.
Christine’s prediction of 16.11% was closest to the actual rise of 16.10% to 31 December 1999.
With more than 1,100 responses and six advisers within plus or minus 0.1% of the actual gain, many would be keen to know Christine’s winning formula. It’s because her birthday falls on 16 November (16.11). Something they don’t teach for the Financial Advisor’s Certificate, but easy when you know how!
Perpetual’s 2000 contest entry forms are now available and entries close on March 31, 2000.
Recommended for you
AZ NGA has partnered with an Adelaide-based accounting and financial planning practice as it expands its presence in South Australia.
The central bank has released its decision on the official cash rate following its November monetary policy meeting.
ASIC has cancelled the AFSL of a Melbourne-based managed investment scheme operator over a failure to pay industry levies and meet its statutory audit and financial reporting lodgement obligations.
Melbourne advice firm Hewison Private Wealth has marked four decades of service after making its start in 1985 as a “truly independent advice business” in a largely product-led market.

