Yesterday
Good regulation could be the making of private markets
The goal should be a regulatory circle that increases investor confidence and helps legitimise and spur growth of both private equity and private credit firms.
Investors take profits on two of last year’s hottest trades
The heavy sell-down in bitcoin has dragged the cryptocurrency into a bear market, and gold tumbled after hitting a record. Here’s why.
Miners drag on ASX, Woolworths slips 4pc; Platinum tumbles
Shares close lower; Woolworths profit drops 20pc; White ‘here for the long haul’ at WiseTech; Light & Wonder profit jumps; bitcoin below $US90,000.
What we learnt: ‘Not investible’: Woolies risks crisis of confidence
Big cost cuts at Woolworths couldn’t turn investor sentiment around, Flight Centre loses altitude and Westfield owner Scentre eyes a housing play.
Super switching a handbrake for private asset domination
The $4.1 trillion super fund sector’s investments in private assets may be growing, but it will always have to favour public assets for a very simple reason.
ASIC puts defensive $150b private capital sector on notice
The corporate regulator expects more money to pour into unlisted assets and private credit, and has warned of growing risks to the wealth of ordinary people.
The biggest pain trade isn’t the magnificent seven correction
While sentiment around the all-conquering US sharemarket appears to be shifting, gains in another big market have investors feeling uncomfortable.
This analysis shows what really happens to markets in election years
Going to the polls invariably fuels investor uncertainty, but to what extent is it a market mover?
Private markets make a few rich, public markets have made more wealthy
The regulator’s attempts to understand, monitor and regulate Australia’s fast-growing private markets need to bolster what we’ve already got: fantastic public markets.
The ASX really is shrinking but it’s not unprecedented, research finds
As part of its assessment of the growth of private markets, the corporate regulator asked academics for their definitive take on the stock exchange’s vitality.
This Month
War stocks rocket as markets prepare for ‘defence supercycle’
ASX-listed defence ETFs have exploded more than 50 per cent higher over the past year, causing investors to scramble for exposure to the booming sector.
ASX retreats, Domino’s slumps 11pc; CBA, NAB drop
Shares close lower; NRW’s Whyalla update; WiseTech upgraded; Domino’s sinks 7pc; Viva lowers full-year payout, shares drop 26pc; Woodside doubles profit.
Why alarm bells are ringing for the sharemarket
A study of technical indicators suggest equities in both the US and Australia may be on the cusp of a correction – a lot depends on Nvidia.
An inconvenient truth delivers profit season’s biggest beating
Who said the ASX was full of boring industrial companies? Tuesday’s moves suggested anything but.
ASIC uses new powers to force fee transparency on the ASX
The regulator is partly acting to ensure that public markets remain competitive amid a rise in the number of businesses remaining in private hands.
![“The thing that worries me the most is that we don’t deliver on the promise [of the asset class],” Sixth Street’s Joshua Easterly says.](https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/bd6571ddf9b90c9fcdef7e61732cc60e5be73089)
Private credit power players weigh in on the next big risk
Three industry veterans on the things investors should watch out for in the next five to 10 years.
ASX investors start to look offshore as banks, miners disappoint
One of Australia’s largest investors says there are better opportunities in the UK and Europe than in Australia and the US, citing unjustifiable valuations.
Banks lift ASX, CBA up 3pc; WiseTech shares sink on board exodus
Shares in the green; Guzman extends sell-off; Alibaba’s big AI pivot; Domain downgraded; WiseTech shares plummet, four directors exit.
What we learnt: Behind the massive share price moves on manic Monday
Investors were brutal in their earnings assessments, leaving nowhere for the disappointers to hide.
Traders are lining up hedges before pivotal Nvidia earnings
Investors brace for more volatility with the chipmaker’s results pegged as the first in a whirlwind of events that could send the market into conniptions.