Global X

Self-funded retirees are right to diversify overseas. What they must remember it’s not just a US story focussed on the Mag 7.

While self-funded retirees have never been attracted to physical gold, ETFs and equities are increasingly a different story – and a 28 per cent jump in the price of this precious metal in 2024 has justified their faith.

As investors seek greater portfolio exposure and diversification at lower cost, two increasingly popular options – thematic ETFs and managed-account solutions – show how wealth management practices are adapting to clients’ evolving needs.

Derivatives should not be a “dirty word” for investors looking for better returns, capital protection and diversification at a time when volatility and higher inflation appear here to stay, according to Atlantic House Group’s Andrew Lakeman and Global X’s Evan Metcalf.

The end of the pandemic is leading to a “new normal” for the ETF market in Australia, with thematic funds set to steal the spotlight from vanilla ETFs as investors look to take advantage of megatrends like decarbonisation, Global X’s Blair Hannon says.

Despite increased volatility emanating from the banking sector, tech stocks have been supported by falling bond yields on fears the global economy could slip into recession this year, with big-name companies leading the gains.

The announcement comes amid a major push into the domestic market for Global X, which in December signaled its intention to launch 10 new products in 2023.

Despite the widespread damage caused by Covid-19, the crisis accelerated the pace of technological advancements along with our ability to adapt to the latest changes. A survey by McKinsey & Co found that Covid-19 sped up the adoption of digital technologies by several years.