B&K Investment Management Recruitment

Gold prices have risen sharply in 2024, with significant inflows from Australian investors, driven by a strong local gold price and expectations of US interest rate cuts. Australian market dynamics, including central bank purchases and increased demand for gold ETFs, have further supported this growth, with experts predicting continued price increases by year-end. Read More ▶ https://lnkd.in/gDFDtnZ8

Despite concerns over recent market volatility affecting superannuation, AMP’s Chief Economist, Shane Oliver, stresses that both super and shares are long-term investments, which benefit from higher returns over time despite short-term fluctuations. He advises against trying to time the market, noting that staying invested generally delivers better outcomes than attempting to dodge market downturns. 𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 ▶ https://lnkd.in/gBHJPisx

Experts are raising concerns about the current overvaluation of growth and momentum stocks, particularly those driven by AI and large-cap companies, which is reminiscent of past market bubbles. Despite the market's preference for these stocks, there is a growing belief that value stocks, currently undervalued, may outperform as the market corrects itself. Read More ▶ https://lnkd.in/gUN-sH83

As central banks begin reducing interest rates, 𝐟𝐢𝐱𝐞𝐝 𝐢𝐧𝐜𝐨𝐦𝐞 is expected to excel in investment portfolios, according to Schroders Australia's Deputy Head of the Fixed Income and Multi-Asset Kellie Wood. She highlights that the current economic conditions, with moderating inflation and slowing growth, create a prime environment for strong returns in fixed income, particularly as we move into the latter half of 2024. Listen ▶ https://lnkd.in/g4bSwz5J

Despite its relatively small share of the global market, the Asia-Pacific 𝐩𝐫𝐢𝐯𝐚𝐭𝐞 𝐝𝐞𝐛𝐭 𝐬𝐞𝐜𝐭𝐨𝐫 shows significant growth potential, with assets under management doubling over five years and increasing investor interest. As traditional banks retreat from commercial lending, private debt in the region, particularly in distressed, mezzanine, and venture debt strategies, is becoming more attractive. 𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 ▶ https://lnkd.in/ga_jdWd3

In July, superannuation funds showed positive returns, with the median balanced option gaining 1.9%, continuing the momentum from the end of the last financial year. However, a significant market sell-off in early August, driven by concerns about a U.S. recession and global market volatility, has almost wiped out these gains. SuperRatings' Kirby Rappell, CFA noted that funds are now nearly back to where they were at the start of the financial year. Despite the fluctuations, Rappell advises focusing on long-term outcomes rather than short-term market noise. Read More ▶ https://lnkd.in/g6-i8Csm

The Australian ETF industry reached a new record high in assets under management (AUM), now standing at $215.6 billion, driven by unprecedented monthly net flows of $3.5 billion in July. This 5% increase in AUM for the month, along with a 43.7% growth over the past year, highlights strong investor interest and market performance. Additionally, international equities led inflows, while new fund launches and high-performing ETFs, including those focused on US small caps and cryptocurrencies, contributed to the industry's momentum. Read More ▶ https://lnkd.in/gSpZKSbN

Global dividend income has grown, with developed market equities reaching $807 billion in Q2 2024, a 6.3% increase from the same period in 2023. However, while sectors like communication services and financials saw strong dividend growth, energy and materials companies experienced notable declines due to falling commodity prices, highlighting the need for active management in dividend-focused investments. 𝐑𝐞𝐚𝐝 𝐦𝐨𝐫𝐞 ▶ https://lnkd.in/gXAVVig2

A recent study by the Thinking Ahead Institute and the Future Fund highlights significant performance differences in investment strategies, showing that a total portfolio approach (TPA) yields 1.8% higher annual returns compared to a strategic asset allocation (SAA) approach. Surveying 26 funds with over US$6 trillion in capital, the study found that TPA is gaining traction due to its holistic focus on goals and diversification, despite the complexity and cultural shifts required for its adoption. Read the Study 🔽

Only 30 more appointments of women on ASX 200 boards are needed to hit the target of 40 percent representation, new data from the Australian Council of Superannuation Investors has shown. The number of female directors in Australia’s largest companies has effectively doubled since 2015, and ACSI expects the 40 percent target to be reached by the end of 2024 or early 2025. Read more ▶ https://lnkd.in/gKT9nqjB