Investment markets: May 2025

Markets have been on a rollercoaster ride since President Trump’s tariff announcements in early April, quickly moving up and down. With US company reporting season underway, what can we expect next? In this episode, UniSuper’s Head of Fixed Interest David Colosimo gives us the latest market news, as well as key things we’re watching out for over the coming month. This episode marks our podcast's third birthday! We’ve seen lots of ups and downs in markets over the past three years, not least in the last month. Thanks for tuning in and for sharing our podcasts with your family, friends and colleagues—we really appreciate your trust in us, and we remain committed to keeping you informed. SHOW NOTES This podcast was published on 1 May 2025. The information was current as at that date and may now have changed. Your hosts are Lyndon Horsburgh and David Colosimo. Produced by Lyndon Horsburgh. For more info about investments at UniSuper, visit unisuper.com.au/investments. Chief Investment Officer John Pearce recently recorded a podcast addressing market volatility last month, be sure to give it a listen. You can watch John’s regular investment update videos on our website (unisuper.com.au/investments) or on our YouTube channel (youtube.com/@unisupernews). His next update will be released this month; subscribe so you don’t miss it! Have some feedback? Email us at [email protected]. *The information discussed in this podcast is of a general nature and may include general advice. It doesn’t take into account your personal financial situation, needs or objectives. Before making any decision in relation to your UniSuper membership, you should consider your circumstances, the PDS and TMD relevant to you, and whether to consult a qualified financial adviser. For a copy of the PDS and TMD, call us on 1800 331 685 or go to unisuper.com.au/pds. Comments on the companies we invest in aren’t intended as a recommendation of those companies for inclusion in personal portfolios. Certain information contained in this podcast may include forward-looking statements, and we do not guarantee that these statements will eventuate. UniSuper has no obligation to provide updates or changes to the information in this podcast. Past performance is not an indicator of future performance. Our portfolios have been designed to suit us, and may not be appropriate for others. Prepared by UniSuper Management Pty Ltd (ABN 91 006 961 799 AFSL No. 235907) on behalf of UniSuper Limited (ABN 54 006 027 121 AFSL No. 492806) the trustee of the UniSuper fund (ABN 91 385 943 850). Visit us at www.unisuper.com.au. Learn more about super with us at www.unisuper.com.au/super.