A record number of global fund managers believe sharemarkets to be overvalued after years of overstimulative monetary policy.

• Sponsored

Wall Street ended lower, and the ASX is poised to open about 0.5 per cent lower, with futures pointing to a 30-point drop at the open.

Federal Reserve officials forged ahead with an interest-rate increase and additional plans to tighten monetary policy despite growing concerns over weak inflation.

One senior trader has attributed the ASX's second day of strong performances to investors cramming funds into superannuation accounts.

There are plenty of worries playing on the minds of iron ore investors, but Deutsche Bank says the slide is no doomsday scenario.

There is $27 billion worth of extra value waiting to be unlocked from eight ASX-listed stocks, says Credit Suisse, and activist investors are the ones with the keys.