POWERED BY MOMENTUM MEDIA
Investors turn to home
Confronted by continuing market turmoil, investors are likely to take on a home country bias, according to Fidelity International’s global head of institutional investment, Michael Gordon.
Gordon said this week he believed a “more local world” would emerge from the current turmoil, one where investors favoured local, home country stocks over international investments as a result of emotion overriding reason.
“Home is where the heart is and we should expect investors to feel safer in their own backyards for a while,” he said. “They will feel most confident holding domestic stocks where their governments will protect both them and their institutions.”
Gordon said he also believed that those institutions and those who traded for them were likely to prefer local counterparties where they are available.
He said that he believed complexity would now give way to simplicity and that firms would now become more focused on what they could do well and what they could adequately control and monitor.
Gordon said that in the coming months, funds would flow to those with experience in the practices of traditional markets and investors would be wary of anything new.
Recommended for you
Australian superannuation funds have again generated strong returns for FY25, with the median growth fund returning 10.5 per cent for the year, according to Chant West.
The US remains a standout destination for innovation and commercialisation, according to MLC Asset Management chief investment officer Dan Farmer.
Hostplus’ MySuper Balanced option delivered significantly stronger returns in 2024–25, bouncing back from the previous year when its cautious stance on listed markets came at a cost to members.
Introducing reforms for strengthening simpler and faster claims handling and better servicing for First Nations members are critical priorities, according to the Super Members Council.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom 465 Calder Road Calder
99.46 3 y p.a(%)
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
78.55 3 y p.a(%)
4
BetaShares Crypto Innovators ETF
50.39 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
47.50 3 y p.a(%)
