2020-21 Saw Investment Returns Rebound – Expect More Modest but Still Good Returns This Financial Year

2020-21 saw investment returns rebound – expect more modest but still good returns this financial year

Dr Shane Oliver, Head of Investment Strategy and Chief Economist

Please click on the link below to read Dr Shane Oliver’s review of investment performance of the last financial year for major asset classes while also providing an outlook for the current financial year. The key points are as follows:

• 2020-21 saw investment returns rebound after the coronavirus hit depressed 2019-20 returns.
• Key lessons for investors from 2020-21 were to: allow that share markets look ahead; timing markets is hard; don’t fight central banks; and turn down the noise.
• Over the next 12 months returns from a well-diversified portfolio are likely to be slower but still solid.