EOFY super returns: how have markets fared?
EOFY super returns: how have markets fared? The last financial year has been a strong period for super fund portfolios. Equity markets posted solid gains both in Australia and offshore, up 13.7% and 15.4% respectively. Returns were also positive across other asset classes such as direct property and infrastructure, and bond returns, although modest, were much stronger than the previous year. Overall, global growth conditions helped to drive earnings and although the US Fed continued …
