After US dollar weakness was flagged as a key theme last year, the greenback went on to record its worst first half returns since the 1970s. Betashares head of fixed income Chamath De Silva writes that for Australian investors with unhedged global equity exposures, these dynamics have meaningful portfolio implications.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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