Australian investors are missing out on the record-breaking rally in European stocks and risk being left further behind as the world’s largest asset managers pump more money into the region that is ramping up its defence spending.
As local investors remain focused on the ASX and Wall Street, which have posted lacklustre returns this year, European equities have been going on a tear, driving the Stoxx 600 Index higher for 10 consecutive weeks and making it among this year’s hottest sharemarkets.
Source: https://www.afr.com/markets/equity-markets/aussie-investors-are-missing-out-on-one-of-this-year-s-hottest-trades-20250303-p5lgdl