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
National advice firm MiQ Private Wealth has appointed a new chief executive to lead the business through a “transformative era” after penning a partnership deal with AZ NGA earlier this month.
With an advice M&A deal taking around six months to enact, two experts have shared their tips on how buyers and sellers can avoid “deal fatigue” and prevent potential deals from collapsing.
Several financial advisers have been shortlisted in the ninth annual Women in Finance Awards 2025, to be held on 14 November.
Digital advice tools are on the rise, but licensees will need to ensure they still meet adviser obligations or potentially risk a class action if clients lose money from a rogue algorithm.
