The first quarter of the year saw a continued strong performance from many international share markets. Ongoing hype around AI technologies and the growing expectation of interest rate reductions, helped investors look past some otherwise underwhelming economic indicators in many countries, including New Zealand.
In the accompanying update, the lead article provides a brief overview of the quarter and highlights several topical themes, including the performance of Japan, a review of gold, and a closer look at the New Zealand housing market.
A more detailed summary of important asset class returns through the quarter, and over longer time horizons, is covered in the key market movements section.
In the feature article, we delve into the work of a renowned behavioural psychologist and explain why his work and insights have made an enormous contribution to the field of wealth management.
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