Thoughts on the market

2024 started strongly for major share markets, with the S&P 500, Nikkei 225, and EuroStoxx 50 all posting double-digit returns in the first quarter. Rising commodity prices point to ongoing global growth. Although inflation is persisting more than central banks would like, it is trending down, which is fostering optimism about interest rate cuts. Mark Brooks, Chief Investment Officer at NZ Funds, and Stephan Clark, Chief Client Officer, discuss how NZ Funds is positioning client portfolios to capture the opportunities while managing the risks of today’s dynamic environment and why New Zealand remains an important part of a diversified portfolio.