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It was an eventful end to the 2024 calendar year (CY) which saw US voters put Donald Trump back into office and the US Federal Reserve cutting interest rates by 100 basis points, albeit with a surprisingly hawkish outlook. This change in outlook by the Fed saw bond yields rise by 40 basis points in December alone.
In this latest Investment Report we provide in-depth commentary on the current market, several core investments that had notable events during Q2, as well as an outlook for Q3 FY25.
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