Investment giant pumps as it dumps Aussie bank paper

Tuesday, 17 October 2017

Amusing stuff!

Aberdeen Asset Management, which manages more than half a trillion dollars worth of assets, said there was no housing bubble in 2015 and re-affirmed this view in a new research paper written by its Asia Pacific head of property research Milan Khatri.

“We don’t believe that the Australian housing market is in a bubble, ” Mr Khatri wrote.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.