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
Private market assets in super have surged, while private debt recorded the fastest growth among all investment types.
The equities investor has launched a new long-short fund seeded by UniSuper, targeting alpha from ASX 300 equities using AI insights.
The fund has strengthened efforts to boost gender diversity, targeting 40:40:20 balance across its investment teams by 2030.
The lower outlook for inflation has set the stage for another two rate cuts over the first half of 2026, according to Westpac.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
53.24 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
43.15 3 y p.a(%)
4
DomaCom Shoreline North Coogee
36.26 3 y p.a(%)
5
GAM LSA Private Shares AU I
35.87 3 y p.a(%)
