Quarterly Investment Update Spring 2025

Welcome to our Spring Update covering the period from 1 July to 30 September 2025.

The third quarter of the year saw very strong gains from many international share markets. Alongside positive contributions from bonds markets, this resulted in attractive returns to most diversified investors.

In this update, we take a closer look at a phenomenon called recency bias, take a temperature check on the New Zealand economy, provide a quick update on global tariffs and explore safe haven assets.  

In the feature article, we look at different money personalities and how these can influence your tendencies and patterns towards money. 

Thankfully, a great investment outcome doesn’t require a crystal ball, it only requires an appropriate strategy that’s consistently implemented. That’s what we will be continuing to focus on in the months ahead. 

We look forward to next informing you about how the markets are performing in our Summer Update due out in December.

Read our commentary and featured article here

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