When markets shift, it's tempting to react - but doing so can lock in losses and put your long-term goals at risk. Learn how ASB portfolios are structured to navigate volatility and deliver strong investment outcomes through a disciplined, long-term approach.
Easing tariffs, solid US earnings, and a major tax bill reversed recent market declines. Global markets rose 5.28% (MSCI World Net Index), though gains were trimmed by a strong NZ dollar. Fixed income struggled as US spending lifted long-term rates.
On 'Liberation Day', the U.S. announced sweeping tariffs on nearly all major trading partners, triggering a global market selloff, a falling US dollar, and surging US treasury yields. Though implementation was paused by month’s end prompting a market rebound, the move marked a potential shift in the global economic order with serious implications for investors.
Artificial Intelligence (AI) is no longer a futuristic concept, it’s a powerful force shaping industries, investments, and economies worldwide. For New Zealand, AI presents both opportunities and challenges, from enhancing financial decision-making to transforming the workforce to deliver the productivity gains the country needs.
Interests in the ASB KiwiSaver Scheme (Scheme) are issued by ASB Group Investments Limited, a wholly owned subsidiary of ASB Bank Limited (ASB). ASB provides Scheme administration and distribution services. No person guarantees interests in the Scheme. Interests in the Scheme are not deposits or other liabilities of ASB. They are subject to investment risk, including possible loss of income and principal invested. For more information see the ASB KiwiSaver Scheme Product Disclosure Statement available from this website and the register of offers of financial products at www.disclose-register.companiesoffice.govt.nz (search for ASB KiwiSaver Scheme).