Kapiti Financial Advice Limited – KiwiSaver and Investment
The global central bank interest rate easing cycle gathered pace over September, resulting in a continuation of strong returns from fixed income and global share markets. Key themes were: Global equity markets gained late in the month on lower interest rates. During September the US S&P 500 index hit its 42nd record high for the … Read more
In this month’s Investment Update, Generate’s Nathan Field takes 5 minutes to share his insights following a trip to the US. He also discusses the Chinese sharemarket and whether Generate invests in China. The key takeaways are: In the Tech sector every company he saw continues to lean into AI. There is still a lot … Read more
After a tumultuous month for global financial markets, global equities ended the month of August in positive territory and global interest rates moved lower. In the US, corporate earnings started to broaden out from the large technology companies. Locally, a reduction in interest rates is a positive development for the New Zealand share market. The … Read more
July witnessed several market moving events leading to high levels of volatility. Except for large cap US technology companies, which declined in value over the month, the volatility was generally to the positive side with both fixed income and equity markets delivering positive returns. Events over July included a surprise French election result, dramatic developments … Read more
The Responsible Investment Association Australasia (RIAA) and Mindful Money have published their 2024 consumer report, Voices of Aotearoa: Demand for Ethical Investment in New Zealand. The study reveals that more Kiwis support responsible investing than ever before, led by young Kiwis, revealing a strong preference for aligning investments with personal values and long-term sustainability. Key … Read more
Global sharemarkets rose in June, led higher by the US sharemarket, with US US technology companies continuing to lead the way. European markets fell amidst heightened political uncertainty across Europe. NZ’s sharemarket fell -1.2%, reflecting the ongoing weakness in the local economy. Companies exposed to the local economy continued to underperform. Australian equities rose 1.0% … Read more
The RBNZ kept the OCR unchanged at 5.5%, as was universally expected. The focus of attention is whether the first cut will come in November, or whether the Bank will wait until February. The final review this year will be on the 27th November. The next review is not until 19th February 2025. So, there … Read more
Share Markets Global share markets rose 3.7% in May, reverting to their upward trend Favourable economic data in the US, UK and Europe, a successful US earnings season, and falling longer term interest rates supported the rise in global share markets. AI remains a key feature. Nvidia’s better than expected profit announcement provided a big … Read more
Established in 1998, Booster Financial Services Limited is a Wellington based fund manager, recognised for responsible investing, including a number of ethical accreditations and partnerships. Booster’s track record reflects a very capable investment approach utilising a mix of active and passive management, centred around diversification and direct ownership of assets. In their April 2024 Portfolio … Read more
Attached is a copy of our Select Wealth Management Monthly View. Key points: The ongoing resilience of the US economy is supportive of US corporate earnings, and global economic activity is stabilising. This is supportive of a broader range of stocks outside the narrow range of AI/tech stocks known as the Magnificent Seven. Risks remain … Read more