Week of 29 June 2026
Weekly markets 29 06 2026
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Sovereign wealth funds are quietly ditching public equities for private markets this week — Invesco's survey of 90 funds worth $17.2tn found 17% planning to cut listed equities while up to 35% pile into private equity, credit and infrastructure, chasing AI-driven data centre bets and dodging the concentration risk in a top-heavy S&P 500. In micro, Australia has passed the world's first anti-price-gouging law, threatening supermarket giants Coles and Woolworths with fines up to $10 million, though an undefined margin threshold leaves enforcement murky. And in market focus, Comcast is splitting NBCUniversal and Sky from its broadband business, betting a leaner communications arm and standalone media platform trade better apart than together.
