November Interest Piece
Global equity markets continued to trade with an elevated level of volatility during November as investors were challenged by slowing global growth and tightening financial conditions. Despite this backdrop the New Zealand exchange was again a relative outperformer. As we head into the conclusion of 2018 with financial headlines full of references to trade wars and political uncertainty, it is important for investors to be aware of the strong fundamentals that have supported our local market in recent times and to understand how these characteristics could influence outcomes in 2019 …