Blog
Points of note:
Sharemarkets very strong in most developed markets
Market rally in US broadens beyond tech, with Apple and Tesla struggling.
Bonds more mixed with questions over predicted rate moves.
Chinese markets continue to lag, but valuations appear attractive.
Australian property prices & rents continue their upward momentum.
In the past, active managers have called index funds lazy, communist, and even evil - a reflection of their frustration as they raged against more and more money flowing to passive strategies at their expense. So what's their future now that the amount of assets managed by passive funds has overtaken those overseen by active funds?
US still performing strongly while EU economy struggles.
AI driven rally fades as global share markets post small loss in Q3.
Energy posts strong gains with oil production cuts.
Bond prices pushed down again with rate expectations.
Australian property prices still moving upward, with Hobart the exception.
The SPIVA Mid-Year Scorecard and a brief look at fund survivorship.
