Energy Stocks Outshine Tech as Iran Conflict Fuels Winners
When the quarterly fund report rolled in, most investors were left with a sour taste – stock and bond funds were down almost everywhere.
L1 Global’s $480m haul triggers broker fee frenzy and punters’ roller‑coaster on ASX
L1 Global captured $480m of a $700m ASX capital raise, prompting intense scrutiny of broke…
The oddball exception? Energy stocks, which caught a lift from the ongoing conflict with Iran, turning crude into the surprise MVP of the quarter.
Meanwhile, tech‑focused funds were left choking on their own fumes, delivering lackluster returns that made the sector look more like a sputtering engine than a growth powerhouse.
In short, the only funds that managed to stay in the green were those that had the foresight to bet on barrels rather than bits and bytes.
L1 Global’s $480m haul triggers broker fee frenzy and punters’ roller‑coaster on ASX
L1 Global captured $480m of a $700m ASX capital raise, prompting intense scrutiny of broker fees and options while punters walked away with…