CompaniesChanticleerChanticleerThe dangerous ‘badge of honour’ splitting the Australian marketThe smart money is stubbornly avoiding the big banks and miners. So where are Australia’s top active mangers investing instead?The smart money is short on Australia’s two biggest stories: banks and miners.It’s extremely underweight on the big banks – the big four, except ANZ – and has been persistently underweight on BHP and the materials sector more broadly.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In Financial servicesFetching latest articlesMost Viewed In Chanticleer
The dangerous ‘badge of honour’ splitting the Australian market
The smart money is stubbornly avoiding the big banks and miners. So where are Australia’s top active mangers investing instead?
TL;DRAI
Australian smart money is persistently underweight on the big four banks (except ANZ) and BHP, the nation's largest miner. For tech leaders in the region, capital reallocation from traditional finance signals tightening corporate IT budgets in coming quarters.
93 words~1 min read
