Market & Portfolio Update - October 2020
New Zealand shares were up over October with electricity generators bouncing back after the Government suggested more support around the Tiwai Aluminium Smelter, which consumes 30% of electricity in NZ.
Australian shares were down a touch over the month as tensions with China escalated further which has been an ongoing back and forth between the two countries over the past three years.
Global bonds were down (yields rose) through October as calls for more fiscal stimulus gained traction putting upward pressure on yields with the prospect of more government bond supply to come. We remain a little cautious on the outlook for rising interest rates, and have recently increased our allocation to inflation linked bonds to provide a degree of protection against a potential rise in inflation as economic growth gradually picks up.
Lifetime Book Club: Happy Mind, Happy Life by Dr Rangan Chatterjee
Sometimes the biggest changes come from the smallest habits.
That’s the core idea behind Happy Mind, Happy Life by Dr Rangan Chatterjee.
In a world full of life hacks, wellness trends, and pressure to “optimise” everything, this book feels refreshingly human.
It’s not about perfection. It’s about feeling better, thinking clearer, and creating a life that feels a little lighter, one small step at a time.
Market & Portfolio Update: April 2026
Global share markets rebounded strongly in April, despite continued geopolitical uncertainty. US share markets recovered sharply from earlier losses, with the S&P 500 recording one of its strongest monthly gains in several years. The rebound came as investors reassessed the likelihood of more severe outcomes from the Middle East conflict and refocused on company earnings and longer‑term growth prospects.