Advisor Set For Lunch Today
Newcastle Herald
Tuesday August 1, 2000
LEADING media commentator on investment markets and investment behaviour Arun Abey is guest speaker at today's Hunter Business Club meeting being held at the Harbourview Function Centre.
Mr Abey will draw on 20 years' experience in funds management and financial planning to reveal how investors successfully harness the power of investment markets to build personal wealth.
Mr Abey took degrees in economics and Asian studies at the Australian National University.
After graduating with First Class Honours in 1979, he worked for the Department of Economic in the Research School of Pacific Studies at the ANU and later for the Australian Bureau of Agricultural and Resource Economics.
He said human beings are their own worst enemy.
`Investment markets have produced reliable growth over many centuries yet most investors including astute business people have failed to benefit,' Mr Abey said.
`Investors go astray by chasing quick wins or by not having a long-term investment strategy.'
Mr Abey is a founding director and executive chairman of ipac, a leading financial planning company.
He is also the joint author of the investment book Fortune Strategy, now in its second edition.
ipac was established in 1993 when Mr Abey, Paul Clitheroe and two others leased out a small serviced office in Sydney to provide research on investment markets and funds management services.
ipac's financial planners in the Newcastle office have tertiary qualifications and experience in law, accounting, mathematics and management.
The company has grown into a global financial planning company managing over $5billion for more than 30,000 individuals and institutions.
ipac opened an office in Newcastle two years ago and provides its unique lifestyle financial planning advice to a growing number of people from the Hunter Region.
During his visit to Newcastle Mr Abey will also present a guest lecture at the University of Newcastle and at the Management Thinking series of lectures run by the Newcastle University Graduate School of Management.
He said the 160 students in the Introduction to Financial Planning course represent the changing face of financial planning.
© 2000 Newcastle Herald