Commodities and direct property are the only winners in FY22

5 July 2022
| By Liam Cormican |
image
image image
expand image

Commodities and direct property have emerged as the only major asset classes to post returns above inflation in the 2022 financial year, according to asset consultants Atchison.

Assessing the winners and losers of the 16 major assets, Atchison determined all major equity and fixed interest asset classes had gone materially backwards in inflation-adjusted terms over the past 12 months.

Kev Toohey, principal at Atchison, said emerging markets, small-cap equities and global government bonds were the three worst-performing asset classes over FY22.

“The majority of major markets [underperformed] inflation for the first time since the 2009 financial year,” he said.

“FY22 saw marginal differences between Australian equities, unhedged developed market equities and hedged developed market equities, meaning all three were roughly as bad as each other when measured 30 June to 30 June.”

Unpacking underlying global equity markets over the financial year saw all major investment styles, including value, growth and momentum, posting negative returns. Major sectors other than energy and utilities also posted negative returns.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 5 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5