Investment Insights July 2024
Equities had a positive second quarter, with emerging markets outperforming developed markets and growth stocks outperforming value stocks. The New Zealand Dollar strengthened against major currencies, posing challenges for unhedged assets. The Japanese Yen lost around 8% to the New Zealand Dollar, benefiting travellers to Japan.
Mercer’s Chief Investment Officer, Padraig Brown, shares insights from Mercer’s global network of investment experts, covering:
- How the investment markets performed in quarter two.
- The impact the New Zealand budget announcement and subsequent actions may have on the economy.
- Key trends investors should keep in mind when thinking about the rest of the year
Mercer offers you a choice of investment options, please read the relevant product disclosure statement to understand each of the options available to you. If you are not sure if your investment option is right for you, please answer a few questions in our Fund Selector Tool and/or schedule a call with one of our financial advisers via our online form.
Mercer’s team of experts based in 44 countries around the globe, including New Zealand, monitor global and local events and bring you the latest updates. We also produce an investment report each month covering the Mercer KiwiSaver scheme, Mercer Super Trust and Mercer FlexiSaver, which includes returns for each of the seven investment options. You can find the latest information here.
