Invest
‘Cash becomes king’ again with Aussie investors
Research from a global asset manager has shown that Aussie investors are once again retreating to cash as the share market continues its rough ride through 2016.
‘Cash becomes king’ again with Aussie investors
Research from a global asset manager has shown that Aussie investors are once again retreating to cash as the share market continues its rough ride through 2016.
According to Legg Mason’s 2016 Global Investment Survey, investors aged over 40 have upped their investment portfolio’s cash allocations to 28 per cent, overtaking investment in real estate at 25 per cent and domestic equities at 22 per cent.
This follows reports that SMSF trustees in particular are shifting their focus to less-risky assets amid market volatility, with BetaShares research last month finding appetite for alternative asset classes such as gold is on the up.
“Gold is traditionally seen as a safe haven asset and the recent spike in investor interest demonstrates that a number of investors are turning to gold as a store of value as some globally significant central banks are pursuing a negative interest rate policy,” BetaShares managing director Alex Vynokur said at the time.
Legg Mason’s research also found international investors over 40 believe Australia to be the second-most attractive investment opportunity in 2016 after the US, beating Latin America, Asia, UK and the rest of Europe.
These same investors regard Australia and Singapore as having the lowest financial risks as an investment destination.
Conversely, the US is thought to carry greater risk, with 17 per cent of respondents picking the US to have one of the highest investment risks.
The research also found older Australians continue to be less likely to invest internationally compared to other nations, with only two per cent strongly agreeing that they will focus on international investments this year, compared to the global average of 22 per cent.
Cash
RBA makes first cash rate call for 2022
The RBA has announced its first rate decision for 2022. ...Read more
Cash
Cash remains king for many Australians
Demand for banknotes remains high despite a decline in cash transactions. ...Read more
Cash
Interest rates to rise next year?
Commonwealth Bank has seconded Westpac’s predictions, forecasting that interest rates will rise well ahead of the RBA’s 2024 timeline. ...Read more
Cash
RBA makes latest official cash rate call
The Reserve Bank of Australia has made its May call on the official cash rate, with the economy said to be a long way from the conditions needed to precede a rate rise. ...Read more
Cash
RBA puts chatter of an earlier rate hike to rest
The Reserve Bank of Australia has put to rest chatter among investors that conditions for a higher cash rate could be met as early as next year, reaffirming its stance that the rate is “very likely...Read more
Cash
Australia tipped to go cashless by 2024
Australia is forecast to effectively go cashless in just three years, with three in 10 Aussies admitting that “going cashless would be great for the country”. ...Read more
Cash
Tips to finding a middle ground between equities and term deposits
With record-low interest rates and a volatile sharemarket, mature Australians looking to protect their assets while maintaining their income are being driven to fixed-income products, an industry expe...Read more
Cash
What’s next for paper money?
How many times in the past week have you actually had to pull out your wallet to pay for something? And out of those times, did you actually go to use cash? ...Read more
Wrapping up an eventful 2021
Listen now
What Omicron means for property, and are units right for first-time buyers? What is equity crowdfunding? Are industry super funds tapping into member funds to save their skins?
Listen now
Will housing affordability improve in 2022? Will buy now, pay later become the norm? Why are Aussies staying in failing super products?
Listen now
Who really benefits from crypto ETFs? How will the RBA respond to rising inflation? Could a mandate help address unpaid super?
Listen now
Cash
RBA makes first cash rate call for 2022
The RBA has announced its first rate decision for 2022. ...Read more
Cash
Cash remains king for many Australians
Demand for banknotes remains high despite a decline in cash transactions. ...Read more
Cash
Interest rates to rise next year?
Commonwealth Bank has seconded Westpac’s predictions, forecasting that interest rates will rise well ahead of the RBA’s 2024 timeline. ...Read more
Cash
RBA makes latest official cash rate call
The Reserve Bank of Australia has made its May call on the official cash rate, with the economy said to be a long way from the conditions needed to precede a rate rise. ...Read more
Cash
RBA puts chatter of an earlier rate hike to rest
The Reserve Bank of Australia has put to rest chatter among investors that conditions for a higher cash rate could be met as early as next year, reaffirming its stance that the rate is “very likely...Read more
Cash
Australia tipped to go cashless by 2024
Australia is forecast to effectively go cashless in just three years, with three in 10 Aussies admitting that “going cashless would be great for the country”. ...Read more
Cash
Tips to finding a middle ground between equities and term deposits
With record-low interest rates and a volatile sharemarket, mature Australians looking to protect their assets while maintaining their income are being driven to fixed-income products, an industry expe...Read more
Cash
What’s next for paper money?
How many times in the past week have you actually had to pull out your wallet to pay for something? And out of those times, did you actually go to use cash? ...Read more
More articles
Website Notifications
Get notifications in real-time for staying up to date with content that matters to you.
