With the final quarter of the year delivering some useful returns, investment portfolios generally ended the year on a very positive note.

Within the current update, the lead article provides an overview of the quarter and highlights several themes, including political changes in Europe, the return of Donald Trump to the US presidency, and a currency review, both traditional and digital.  

The feature article titled ‘The hidden cost of playing it safe with term deposits’ takes a closer look at recent history in New Zealand and how rising inflation impacted both interest rates and investor behaviour. A worthwhile read for anyone with term deposits of their own.

We hope 2025 is another memorable year and we look forward to continuing to update you with the progress of markets and investments throughout the coming months.

Read our commentary and featured article here