News & Comments

Your super fund is invested in private markets. What are they and why has ASIC raised concerns?

If you are a member of a super fund, some of your long-term savings are probably invested in private markets.

Public markets are familiar to most of us – the stock market and government and corporate bond markets. Private markets include unlisted assets such as companies owned by private equity firms, infrastructure investments and private credit markets.

The gold price has surged to record highs. What’s behind the move?

The gold price has surged to a new all-time high above US$2,900 (A$4,544) an ounce this month.

It has risen by 12% since the start of the year and clearly outperformed US and Australian stock markets. The US stock index S&P500 is up 4% and the ASX 200 has gained just 2% in that time.

That follows an extraordinary run in 2024, when the precious metal surged 27%, the biggest rise in 14 years.

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