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          <time datetime="2026-07-08T06:00:39+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 08, 2026 06:00</time>
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              30+ fund managers, no fees: Inside Future Generation&#39;s charitable fund-of-funds model
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  Future Generation has raised more than $100m for Australian non-profits, and works with many of the country&#39;s best fund managers.
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        Livewire Markets
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          <time datetime="2026-07-08T06:00:38+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 08, 2026 06:00</time>
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              ASX insiders maintain buying rage in June quarter - who&#39;s been making moves?
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Want to know who is buying and selling their own stock? Join Livewire&#39;s Chris Conway for the quarterly insider moves update.
</div>

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  Sometimes the best investment isn&#39;t the one with the highest return - it&#39;s the one that generates the cash flow you actually need.
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              Tariffs create near-term uncertainty for the US budget
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  Tariff revenue - which pays for most of the US government&#39;s tax cuts - is running behind forecasts in the near term.  
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        Coolabah Capital
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              When it comes to income, home is where the yield is
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  Why Yarra&#39;s Darren Langer believes Australian bonds offer a rare combination of attractive income, portfolio defence &amp; compelling value.
</div>

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        Livewire Markets
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          <time datetime="2026-07-07T12:03:02+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">July 07, 2026 12:03</time>
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              2025-26 saw lots of noise, but strong investment returns (again) – can it continue?
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  FY26 saw investment markets climb another wall of worry, with strong returns for diversified investors. Can it continue?
</div>

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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              The ASX index looks calm. The conditions underneath it are not.
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  The ASX index is holding steady. Beneath it, small cap valuations have compressed in businesses with intact earnings outlooks.
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              The case for gearing into equities is strong. The volatility might change your mind
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  With negative gearing rules shifting, investors are eyeing equities. But can you handle the volatility that comes with a geared portfolio?
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              The fighting hasn&#39;t stopped. So why have oil and energy stocks moved on?
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  Has the market become too complacent? Two investors reveal the catalysts hiding beneath the surface - and the energy stocks they favour.
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              Hype and headlines: Why investors are asking the wrong questions
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  It’s easy to get caught up in tax changes or the hot new investment theme, but do headlines make a strategy?
</div>

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  From our write-up &quot;Are the banks well-provisioned?&quot; in April, and with Judo&#39;s June update, a re-assessment couldn&#39;t be more timely.
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          <div class="sm:flex-grow">
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              Why not all bank hybrid replacements are equal
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  Not all hybrid replacements are created equal. Here&#39;s why chasing the highest yield could cost you more than you think.
</div>

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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Vaneck Australian Subordinated Debt ETF</div>
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        VanEck
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              Markets have climbed the wall of worry. Can they keep going?
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Markets have weathered war, inflation and political uncertainty. The next year should deliver gains - but expect volatility along the way.
</div>

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    alt="Shane Oliver"
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</span>    </div>
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        AMP
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              Most managers have 30% in software. Apollo has 3%. Here&#39;s what it&#39;s hunting instead
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  Eric Hanno explains why Apollo is underweight software and backing hard assets, structured equity and critical infrastructure.
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Buy Hold Sell: 5 stocks from the ASX’s hottest sector of <span class="whitespace-nowrap">FY26<svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" id="embed_podcast" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Materials crushed every other ASX sector over the past year. Can the rally continue, or has the easy money already been made?
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  The tax reforms have passed Parliament. Geoff Wilson explains six ways they could reshape investing, the ASX and Australia&#39;s economy.
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>3 ways to play the mining boom that is just getting <span class="whitespace-nowrap">started<svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" id="embed_podcast" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Hedley Widdup from Lion Selection Group explains why the mining cycle may still be in its early stages and where he’s finding opportunities.
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              Own the opportunity, not the index
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  Why the decade&#39;s biggest opportunity rewards the active and the selective.
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        Pinnacle Investment Management
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              Maroun&#39;s market musings: what the market is rewarding
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  For long term investors, periods like these are often the moments when quality matters most not least.
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        Fidelity International
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  data-controller="event turbo-stream " data-event-name-value="like_clicked" data-event-view-name-value="" data-event-id-value="66031" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;position&quot;:540,&quot;section&quot;:&quot;latest_feed&quot;}" data-event-ga-category-value="latest_feed" data-event-ga-action-value="like_clicked" data-event-ga-label-value="" data-turbo-stream-method-value="post"
  
  
  aria-label=home_like
  
  
  
>
  <svg class="home_like">
  <use xlink:href="#home_like"></use>
</svg>

  
  
  
</button>


</div>            <div class="flex items-center ml-1">
              <div id="comment-link-66031" data-load-engagement-count-target="comment" data-wire-id="66031" data-position="540">
    <a
  class="lw-button tertiary_gray xs icon-only "
  href="/wires/maroun-s-market-musings-what-the-market-is-rewarding#comment_body"
  
  data-controller="
    event 
     
    
    
     
  "
  data-controller="event" data-event-name-value="wire_comment_click" data-event-view-name-value="" data-event-id-value="66031" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;position&quot;:540,&quot;section&quot;:&quot;latest_feed&quot;}" data-event-ga-category-value="latest_feed" data-event-ga-action-value="wire_comment_click" data-event-ga-label-value=""
  
  
  aria-label=comment
  
  
  
>
  <svg class="home_comment">
  <use xlink:href="#home_comment"></use>
</svg>

  
  
  
</a>

</div>
            </div>
            <div id="wire-listing-stats-66031" data-load-engagement-count-style-value="listing" data-load-engagement-count-target="stats" data-wire-id="66031" data-position="540" data-style="listing" data-device-type="desktop"></div>
          </div>
        </div>
      </div>
    </div>
    <div class="flex flex-row-reverse">
        <time datetime="2026-07-03T11:03:11+10:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">July 03, 2026 11:03</time>
    </div>
</div>


      </div>
    </div>
</div>

  </div>
</template></turbo-stream>
  <turbo-stream action="update" target="pagination"><template>
    <a rel="next" href="/hotwired/feeds/latest?cache_prefix=latest_wire&amp;cursor=2026-07-03+11%3A03%3A11+%2B1000&amp;last_position=540"></a>
</template></turbo-stream>
