Percy Allan, editor of MarketTiming, examines the features and advantages of exchange traded funds (ETFs) as a vehicle for riding the share market when it is bullish and avoiding it when it is bearish.
Percy Allan joined the NSW Treasury in 1976 and after a stint as senior policy adviser to both the state Treasurer and Premier, went on to become Secretary of the Treasury and Chairman of NSW TCorp between 1985 and 1994. He then joined Boral as finance director and from 1997 has chaired boards and operated a public finance consulting practice. He co-founded MarketTiming in 2009 and has been editor of its MarketTiming newsletter, having taught himself the methodology and pioneered the trend-trading form of market timing in Australia. He’s also a visiting professor at Macquarie University and was awarded the Order of Australia (AM) in 1996 for his leadership role in reforming the public finances of NSW.