Monthly Market Update
Equity markets were under water in red October with the MSCI World Index losing 5.9% (NZ$ terms). Europe, Asia and Emerging Markets in particular were hit the hardest. The New Zealand sharemarket followed global trends in October, with the S&P/NZX 50 down before recovering slightly to end the month down 6.4%.
How to handle the recent volatility
In recent weeks global markets have seen some serious volatility, starting in the US and filtering through to our local market. Last time we saw these kinds of market movements was in February this year. So how should investors handle the latest bout of volatility?
Doing good with your KiwiSaver
Responsible investing continues to gain considerable attention. Too often do we hear of companies committing severe acts of ethical mismanagement. The consequences often affect more than just their reputation, and financial losses can be detrimental for investors.