Original article by Jonathan Shapiro, Vesna Poljak
The Australian Financial Review – Page: 1 & 6 : 14-Jan-15

The MSCI World Accumulation Index has significantly outperformed Australia’s S&P/ASX All Ordinaries Accumulation Index over the last year and a five-year period. Fund managers expect international stocks to deliver better returns again in 2015, with Australian resources and banking stocks in particular likely to weigh on returns. PM Capital’s Ashley Pittard says that unlike global markets, the Australian sharemarket is in a corrective phase

CORPORATES
MORGAN STANLEY CAPITAL INTERNATIONAL WORLD ACCUMULATION INDEX, STANDARD AND POOR’S ASX ALL ORDINARIES ACCUMULATION INDEX, PM CAPITAL LIMITED, PLATINUM ASSET MANAGEMENT LIMITED – ASX PTM, PETERS MACGREGOR INVESTMENTS LIMITED, ALTIUM LIMITED – ASX ALU, STREAM GROUP LIMITED – ASX SGO, MAGELLAN FINANCIAL GROUP LIMITED – ASX MFG