As we move beyond the halfway point of the year, financial markets have already delivered a remarkable number of developments.

While a resolution in the Middle East conflict remains uncertain and the situation continues to evolve, Phil Borkin, Senior Manager of Investment Strategy, considers what a lasting outcome, when it…

Despite ongoing geopolitical and economic uncertainty, global equity markets staged a strong rebound in April, an outcome that has surprised many investors.

Markets are watching the Middle East closely, and the uncertainty matters. From energy prices to global growth and inflation, the implications are far-reaching.

It’s been an event-filled start to the year. Headlines have been loud, politics messy, and geopolitical risks have once again taken centre stage.

2025 has been both rewarding and eventful for investors. Resilient global growth, strong corporate fundamentals, and enthusiasm for artificial intelligence have helped drive equity markets higher.

Global equities have been on a remarkable run this year — and September kept the momentum going. In NZD terms, returns have been especially strong.

Markets remain resilient — but what risks lie ahead?   Global equity markets have performed well this year, navigating a steady stream of headlines and policy uncertainty.

As we reach the halfway point of the year, it’s fair to say 2025 has been extraordinary by any standard.