In an historic month for global geopolitics, the Australian exchange traded funds industry reached new record highs, and also experienced its largest trading month on record. The industry ended the month at $24.6B – a new all-time record. In addition, the industry’s trading value reached $2.5B for the month, which was also a record, and indicates
In this post, I will be providing some quantitative analysis which may provide some insight into how we can use past history to help us understand market behaviour at this time of year. I’m sure many of you have heard of the Christmas rally – the tendency for sharemarkets to rise over the end of
The BetaShares Weekly Newsletter will be taking a short break during the holiday season but will return on February 1st, 2017.
Donald Trump’s US Presidential election victory has led to widespread re-pricing of asset prices across the globe, as evident from a rising U.S. dollar, rising bond yields and higher equity prices. Within the US equity market specifically, moreover, there has also been notable sector rotation toward better valued financial and energy stocks, and away from
Contrary to initial fears, global markets celebrated Donald Trump’s surprise US Presidential victory in November, with focus quickly turning to his advocacy of growth-boosting fiscal stimulus. Accordingly, the month was dominated by “Trump trades”, with equities, bond yields and the US dollar rising, while gold reeled backward.
With the rotation out of high priced defensive income stocks in the Australian equity market in recent months – and toward sectors offering relatively better value, such as resources – fundamentally weighted indexing methodologies have again demonstrated their ability to outperform traditional market-cap weighted indices over time. Dynamic value tilts through a fundamentally weighted index
The weakness of the Japanese Yen in recent weeks following the Trump-led strength in the US dollar has once again thrown the spotlight on the performance potential of Japanese equities. Indeed, it may come as a surprise to some investors that, despite the relative weakness of the Japanese economy in the past decade or so,
With the silly season upon us, I feel it’s the perfect time to reflect on 2016. It has been a big year for ETPs in Australia and around the world! I’ll also try to make some predictions on where I think the future developments may lie for the Australian exchange traded products industry, as we
No sooner have global markets digested the Brexit decision and the election of Donald Trump as US President (arguably “Brexit Mark 2”), another risk event now looms on the horizon: Italy’s constitutional referendum on December 4. As this note explores, should voters reject the referendum (as polls indicate they might), it could lead to further
In this guest contribution, Wade Matterson, Principal at Milliman Australian Financial Risk Management, discusses why the retirement industry is obsessed with the dangers of short-term thinking. Investors are encouraged to ‘stay the course’ during periods of poor investment returns or high market volatility, and to remain focused on their long-term goals – and it is