Frank Jasper, Chief Investment Officer – 04 April, 2019

Well that was quite a month. Solid gains for every asset class, in almost every market around the globe. It really was, with a little Dickensian licence, the best of times.

The numbers make for impressive reading. The global share market rose 1.2% for the month, New Zealand shares leapt 5.9% and fixed income posted strong gains. New Zealand government bonds, for instance, delivered a return of 1.85% based on the S&P/NZX New Zealand government stock index.

Rising asset prices will certainly make quarter end statements look healthy and are a welcome recovery from the challenging markets at the end of last year.