Good afternoon, Fund managers are maintaining substantial underweight positions in both US equities and the greenback , potentially setting up significant ‘pain trades’ if market sentiment shifts, according to Bank of America. A new $13m research project could offer farmers a win-win solution to the problem of water loss through evaporation, while at the same time generating renewable energy. Super Consumers Australia has warned of “considerable consumer harm” from proposed reforms that will allow superannuation funds to offer personal financial advice. |