Payal Vasa, Manager, Real Assets, Lonsec Infrastructure has typically been used as a defensive part of portfolios, mainly for income and diversification. While that hasn’t changed, the role it plays is starting to broaden. It is now also being looked at as a source of growth, supported by a few clear long-term trends. Digitalisation At […]
Infrastructure: From defensive allocation to structural growth Read More »
The announcement of an uneasy US-Iran ceasefire in early April helped drive some recovery within markets and benefited Super Fund returns in April. Leading superannuation research house SuperRatings estimates a gain of 2.6% for the median balanced option over the month of April, recovering much of the -3.2% loss recorded in March. “Global markets ended
Media release: Returns searching for hope of Iran War resolution Read More »
Michael Elsworth, Manager, Fixed Income, Lonsec Managers within the Unconstrained Bonds and Specialised Income sectors have been shifting their portfolios in response to the uncertain economic backdrop. Many Government Bonds and Investment Grade Credit securities, the traditional ballasts of fixed income portfolios, are trading at historically tight credit spreads – which does not bode well for
Superannuation balances fell sharply over March as events in Iran evolved and the disruption to global oil supplies exacerbated emerging economic pressures. Leading research house SuperRatings estimates the median option will report negative returns across the balanced, growth and capital stable indices. The median Balanced option is estimated to have declined by -3.2% in March,
Media release: March market shock hits super balances Read More »
Hong Hon, Manager, Global Equities, Lonsec Since my last article, AI Stocks: Bubble or Structural Shift? back in December 2025, markets have mostly stayed upbeat, but the rotation under the surface has only gotten louder. Global equities kicked off 2026 on the front foot. Emerging markets and commodities led the way, and most investors started
AI stocks: What’s changed so far in 2026, and why has SaaS just blinked at AI agents? Read More »
Despite the Reserve Bank of Australia raising rates at the start of the month, superannuation balances continued to grow in February. Superannuation research house, SuperRatings, estimates the median balanced option rose by 1.1% over the month. To the end of February, funds have delivered small but consistent positive returns in most months to drive a respectable 6.3% return for the financial year to date. However, with events currently occurring in the Middle East and inflation expectations
Media release: Returns under pressure as uncertainty builds Read More »
Michael Elsworth, Manager, Fixed Income, Lonsec In December 2024, APRA announced the phase-out of Additional Tier 1 securities (AT1 or hybrids) as eligible bank capital, a move that will see the $40+ billion Australian bank hybrid market shut by 2032. This announcement of the phase-out of hybrid securities issued by Australian banks has created a
The great Australian bank hybrid phase-out Read More »
Mike Grdosic, Senior Investment Analyst, Lonsec There have been a significant number of ‘evergreen’ private debt funds launched in Australia over the past few years. A key risk of these funds is the potential mismatch in liquidity as the underlying asset class is illiquid. This insight focuses on the differentiated features of private debt that
Private debt ‘evergreen’ funds: How managers are addressing liquidity risk Read More »
