EOFY prompts capital allocation review: Connolly

Binaya Dahal

Journalist

25 June 2026

InvestmentMarkets’ Darren Connolly has suggested self-directed investors to treat end of financial year (EOFY) as a portfolio review period, saying it offers a natural checkpoint to assess whether they were allocating capital effectively.

Connolly, chief executive of the Queensland-based marketplace platform, said one of the most common mistakes investors have been making at EOFY was focusing too heavily on administration and not examining the efficacy of the investments they already own.

“Investors spend a lot of time ticking boxes, but often the most valuable exercise is reviewing existing holdings and asking a simple question: would I make the same investment decision today?” he said.

“If the answer is no, that asset deserves closer scrutiny.”

He said the issue was particularly important this year as changes in tax settings, shifting interest rate expectations, ongoing geopolitical uncertainty, and greater access to both public and private market opportunities have reshaped the investment environment.

“Many self-directed investors hold assets across multiple platforms and investment structures,” he said.

“That can make it harder to see the full picture. EOFY is an ideal time to consolidate that information, review listed and unlisted holdings, assess diversification and identify whether concentration risk has emerged.”

Connolly said investors now have greater access than ever before to a broader range of opportunities but noted challenges remain in making sensible judgements.

“The challenge is making informed decisions, maintaining a clear investment framework and ensuring capital is being deployed where it has the strongest potential to support long-term objectives,” he said.

“Investors who build long-term wealth are constantly evaluating where capital can be deployed most effectively. What are the products, asset classes and structures that make most sense.

“Investors should view EOFY through a portfolio lens. Successful investors are asking whether every dollar in their portfolio is working as hard as it should be.”