![Investors are pouring money into their superannuation accounts in a bid to beat changes introduced in the June 2016 budget.](http://web.archive.org./web/20170615081354im_/https://www.fairfaxstatic.com.au/content/dam/images/g/w/m/8/3/2/image.related.landscape.460x307.gwrq49.png/1497509914792.jpg)
'Huge inflow of cash' into equities: Coppo
Bell Potter veteran trader Richard Coppleson says by far the "biggest reason" markets are recovering was the positive boost from surging superannuation funds.
Myriam Robin is a markets reporter based in the Financial Review's Melbourne newsroom.
Bell Potter veteran trader Richard Coppleson says by far the "biggest reason" markets are recovering was the positive boost from surging superannuation funds.
A record number of global fund managers believe sharemarkets to be overvalued after years of overstimulative monetary policy.
One senior trader has attributed the ASX's second day of strong performances to investors cramming funds into superannuation accounts.
Tim Samway of Hyperion Asset Management says fear of missing out has led to high risks for the Australian economy as a whole due to overexposure to the heavyweight banking sector.
The ASX dodged the US mini-tech-wreck, surging to its best day in seven months, as investors flooded back into beaten-up bank stocks.
The impact of the British election for global investors comes down to one simple question.
For all the talk of a beaten consumer, various service sectors contributed some of the most robust performances in Wednesday's 0.3 per cent GDP figures.
Investors who put their money in exchange traded funds that lack sufficient market buyers and sellers could be forced to dig into gains when they sell out.
Opportunities exist in some ASX-listed small caps but the sentiment-driven nature of the sector means stock-picking is key.
Continued selling in the big banks spread to all other major sectors, just about wiping out the last of this year's gains.
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