Forget beef, Nvidia slaughters Aussie investors
“Australian institutional investors hold around $ 20 billion in Nvidia, starting from the evaluation of last night to $ US102 per action. This dropped from $ 28 billion to the beginning of the year, when it was exchanged at $ US140 per action,” said the manager of Vaneck Jamie Hannah.
The billionaire James Packer will have lost more than $ 50 million from January alone on Nvidia.Credit: Getty images
In December, the Aussuper growth fund only held 2.7 million Nvidia shares and reports that the largest fund in Australia could have up to 7.8 million Nvidia shares, which means that its leaks on the title would exceed $ 370 million from January.
Aussuper losses would be replicated through the Australian superanuation system, with a significant share of the 4.1 trillions of dollars in the sector now invested globally but concentrated in the United States while global investors have purchased the history of the economic exception of the United States.
This means that there would be a much wider cost for exposure to investments in Australia to the rest of the US market.
IFM investors declared that in February Super Funds had invested $ 400 billion of dollars ($ 635 billion) in the United States, and provided that this would exceed $ US1 trillions in a decade.
Loading
Only last night, the magnificent seven technological titles lost almost $ 1 trillion of dollars in one of the worst days of negotiation from the pandemic.
And there are good possibilities that will worsen.
“The level of new rates is absolutely massive,” said Luke Tilley, an economist’s head of the American investor Wilmington Trust, The Washington Post.
“There is still so much uncertainty, but if these rates remain on for three months, there will be a recession – and this will be one of the easiest calls that I had to make in my 25 years of economist,” he said.
Australia has an insatiable appetite for US actions.Credit: Oscar Colman
The CEO of Vaneck’s Pacific Asia, Arian Allon, said that there were opportunities for investors despite the new rates of Trump’s “Liberation Day” that represent a seismic passage to global trade.
“In this environment, we believe that there are distinct opportunities for diversification in the little loved corners of the capital markets.”
And one of these opportunities is in our courtyard, thanks to the prices of record gold.
“Gold should continue to thrive the uncertainty induced by the Trump administration policy, while gold producers could benefit from depreciations in foreign currency triggered by global-foal rates also by resuming their traditional role as a lever game with gold,” said Neonon.
The corporate briefing newsletter offers important stories, exclusive coverage and expert opinion. Sign up to get it every morning on weekdays.
