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Edition: White Papers 2025

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Trump, tariffs and trade

This paper examines tariffs from the American perspective, looks at China’s leading role in the ongoing trade war and discusses the macro and market consequences and implications for investors.

Towards a retirement income philosophy

This paper draws on the expertise of five leading advisers to provide an introduction to the unique challenges and opportunities within retirement planning, emphasizing the need for evolving philosophies to meet the demands of today’s environment.

Analyst survey 2025

Fidelity's annual Analyst Survey shares insights on artificial intelligence, China, and the new administration in the White House, along with compelling investment ideas from Fidelity International's more than 100 analysts across the world.

Gold Demand Trends: Full Year 2024

Gold demand hit a new record in 2024 on the back of central bank buying, continued growth in AI adoption, investment and gold bar purchasing, while annual jewellery consumption was down reflecting cost-of-living pressures.

Extreme concentration and its implications for equity investors

Concentration in equity markets has reached unprecedented levels, particularly in the US. A select few mega-cap stocks now dominate market indices, reflecting a convergence of technological innovation, speculative enthusiasm, and the allure of generative AI.

Ten stockmarket themes for 2025 and beyond

Schroders' QEP investment team considers some of the potential beneficiaries of a change in market leadership should the giant US technology stocks struggle to extend their outperformance.

2025 Investment Outlook

Capital Group's 2025 Investment Outlook offers insights into how key market forces — a buoyant U.S. economy, significant opportunities in artificial intelligence, and the renewed appeal of fixed income — are likely to shape portfolios in the year ahead.

Next Generation: Rewriting the rules of engagement

The next generation is starting to rewrite the rules of engagement in the financial services industry. Advisers who can demonstrate expertise in emerging investment vehicles, sustainable investing and digital engagement will be better positioned to serve this new generation of investors.

Schroders Equity Lens: your go-to guide to global equity markets

US equities’ returns have exceeded 20% in five of the past six years, leaving others in their wake, but can this continue? Duncan Lamont looks back and to the future of US stock market performance.

Viewpoint: Priced to perfection

Markets appear to be taking an optimistic view on the year ahead, pricing in a ‘lot of good news’. VanEck's recent outlook provides analysis of the global macroeconomic landscape, noting several challenges that investors should note which overshadow this market positivity.

Most viewed in recent weeks

16 ASX stocks to buy and hold forever, updated

This time last year, I highlighted 16 ASX stocks that investors could own indefinitely. One year on, I look at whether there should be any changes to the list of stocks as well as which companies are worth buying now. 

UniSuper’s boss flags a potential correction ahead

The CIO of Australia’s fourth largest super fund by assets, John Pearce, suggests the odds favour a flat year for markets, with the possibility of a correction of 10% or more. However, he’ll use any dip as a buying opportunity.

Retirement is a risky business for most people

While encouraging people to draw down on their accumulated wealth in retirement might be good public policy, several million retirees disagree because they are purposefully conserving that capital. It’s time for a different approach.

Is Gen X ready for retirement?

With the arrival of the new year, the first members of ‘Generation X’ turned 60, marking the start of the MTV generation’s collective journey towards retirement. Are Gen Xers and our retirement system ready for the transition?

Reform overdue for family home CGT exemption

The capital gains tax main residence exemption is no longer 'fit for purpose', due to its inequities, inefficiency, and complexity. Here are several suggestions for adapting or curtailing the concession.

So, we are not spending our super balances. So what!

A Grattan Institute report suggests lifetime annuities as a solution to people not spending their super balances. The issue is whether underspending is the real problem or a sign of more fundamental failings in our retirement system.

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