- economy
- investment
On 1 May 2026, Craigs Investment Partners Limited (Craigs) acquired all the shares in phwealth.
For phwealth and our clients it is ‘business as usual’ with no change to our people or services.
To learn more, visit our media release here or speak with your financial adviser.
Welcome to our Spring Update, covering the period from 1 July to 30 September 2024.
The third quarter of the year saw portfolio gains continue, which, in contrast to past quarters, was not down to domination by the large AI related technology companies. It was a volatile quarter, but ultimately all major investment sectors were up in value.
In the feature article we look at whether US Presidential elections tend to have an important impact on share prices and explore the “relationship” between the Warriors participation in the rugby league finals with the fortunes of the New Zealand share market!
With the world (including New Zealand) now in a period of declining interest rates, we look forward to keeping you up-to-date with developments in 2025.