Investing during times of conflict episode artwork

EPISODE · Jun 25, 2025 · 24 MIN

Investing during times of conflict

from Shared Lunch · host Sharesies

Investors may be feeling uneasy as tensions remain high between the US, Iran, and Israel. To shed some light on the latest situation, we’re turning to Nicholas Bagnall, Chief Investment Officer at Te Ahumairangi fund, and Matt Macpherson, our Head of KiwiSaver.  Nicholas has seen more than a few conflicts play out over his 30+ years of investment management, so we’re asking—where to from here? What moves can we expect from Russia and China? What could this all mean for oil prices and the value of the USD?  Matt lays out the implications for your KiwiSaver balance and the NZ economy—and what this all means for defense-related investments. And Nicholas tells us how to build a portfolio that doesn’t need to change in response to unpredictable times, and why high risk doesn’t necessarily mean higher reward.  For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

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Investing during times of conflict

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This episode was published on June 25, 2025.

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Investors may be feeling uneasy as tensions remain high between the US, Iran, and Israel. To shed some light on the latest situation, we’re turning to Nicholas Bagnall, Chief Investment Officer at Te Ahumairangi fund, and Matt Macpherson, our Head...

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