Superhero x Pengana: Introducing the Pengana Global Private Credit Trust

There’s a bit of tension in the air heading into the May meeting. The Reserve Bank of Australia has already lifted the cash rate to 4.10% after two back-to-back hikes. The last move in March wasn’t a comfortable one either. It scraped through on a 5–4 vote. That tells us something important. This isn’t a […]

Hey Superheroes, Earnings season has arrived, and it’s pulling no punches. The ASX 200 slid below 9,000 this week as a brutal run of profit warnings rattled investors. Healthcare led the losses, dragged down by a historic collapse in Cochlear (more on that shortly), while banks and real estate also came under pressure. Financials are […]

You’ve decided to invest. Nice one. The next question is a big one: what do you actually invest in? Shares? ETFs? Property? Something else? Before choosing, it helps to understand risk properly. Risk isn’t just “losing money”. It’s the ups and downs you accept in exchange for the chance of long-term growth. Once that clicks, […]

Most Australians know investing matters. Yet many never get started. Savings balances hit record highs last year, even as inflation quietly chipped away at their buying power. People feel the pull to grow their money, but something keeps them parked on the sidelines. So what motivates people to invest and what stops them. Understanding both […]

Investing gets a bad rap. Say the word and plenty of people picture suited-up experts making million-dollar calls on Wall Street. Charts everywhere. Big egos. Bigger risks. But real investing isn’t about being a genius or having a huge bank balance. At its core, it’s a simple choice that everyday people make all the time. […]

Hey Superheroes, Wall Street just hit a new all-time high. The S&P 500 rose 0.26% on Thursday to close at 7,041.28, eclipsing its previous record set back in January. The Nasdaq joined the party a day earlier, closing at a record 24,016 and notching an 11-session winning streak, its longest since November 2021. The rally […]

There’s been a late shift in the story. The US and Iran have agreed to a conditional two-week ceasefire, tied to reopening the Strait of Hormuz. On paper, that’s a meaningful step towards de-escalation. But it’s early, and it’s fragile. The next two weeks matter. Markets will be watching whether oil actually flows, whether talks […]

Hey Superheroes, Markets flipped fast this week. A last-minute ceasefire between the U.S. and Iran wiped out weeks of tension in a single move. Oil prices plunged. Risk assets rallied. Sentiment turned almost overnight. U.S. crude oil closed down 16.4%, its largest single-day decline since 2020.  Back home, the ASX 200 advanced 2.7% on Wednesday […]

Hey Superheroes, A quick note before we dive in. Spotlight is landing in your inbox on Thursday this week ahead of the Good Friday and Easter break. Normal programming resumes next week. It’s been one of those weeks where the news kept coming. Oil pulled back after Trump signalled the war with Iran could wind […]

Why are markets nervously watching the same data that used to reassure them? Right now, markets feel a bit like a cricket match where the scoreboard isn’t quite adding up. Growth is slowing. Inflation isn’t settling. And central banks, the ones markets usually rely on for direction, are waiting for clarity that isn’t coming. That […]