- 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 Summer Update covering the period from 1 October 2025 to 31 December 2025.
The final quarter of the year saw investment portfolios end the year on a positive note.
In this update, we discuss being aware of concentration risks when investing and the unsung performance of emerging markets. We also provide a status check on the New Zealand economy and reflect on the post-Covid realignment of global interest rates.
In the feature article titled ‘‘3 ways money didn’t buy happiness’, we address the age-old idiom that money can’t buy happiness and identify practical ways that it can help us enrich our lives.
We look forward to next informing you about how the markets are performing in our Autumn Update due out in April.