Investment Leaders April 2024

Bond yields are higher than they’ve been in nearly 15 years, presenting investors with a variety of opportunities regarding fixed-income. The economic backdrop has also improved recently and is poised to be favorable in 2024 given falling inflation trends and subsequent likely rate cuts from the Fed.

Throughout 2023 and into this year, we have seen the performance of indices such as the MSCI World and the S&P 500 being driven primarily by a handful of mega-cap US names, almost exclusively within the technology space. What are the implications of this and does it really matter?

The Nasdaq 100 has evolved to become a global exposure which demands consideration by Australians seeking to construct a diversified portfolio.