1 October we become SureStone CapitalSame team, same ABN. Our website and email addresses move to surestone.com.au.
Preparing video
Tom Wickenden from BetaShares reviews the ETF market in 2024, noting it as a stellar year. The industry experiences a 50% growth with $27 billion in net inflows, setting a new record. At the forefront are passive players like Vanguard (ASX:VAS), BetaShares (ASX:A200), and VanEck (ASX:GDX).
A shift in investor sentiment results in a focus on international equities, with US-dominated funds like Nasdaq 100 (ASX:NDQ) and S&P 500 (ASX:IVV) leading inflows. Tom observes a rising interest in smart beta ETFs and a renewed interest in Bitcoin and crypto ETFs, especially after recent political events, suggesting potential growth in crypto ETFs.
Gold ETFs also perform well despite notable profit-taking. In tech, the 'Mag seven' boosts markets while Australian tech names like Wisetech (ASX:WTC) and Pro Medicus (ASX:PME) outperform US counterparts, offering promising investment opportunities.
