Family Wealth Transfer Anxiety
For many families, the hardest question about passing on wealth is not how much to leave, but what that wealth might change.
Is US Exceptionalism Fading?
Few investment themes generate as much discussion as the concept of US exceptionalism—the belief that the US economy and equity markets consistently outperform global peers. Over the past decade, this narrative has largely held true. However, 2025 has presented a different picture, with several non-US markets delivering stronger performance.
This shift, coupled with the Trump administration’s unconventional and often confrontational policy stance, has prompted renewed scrutiny of the US’s dominant position. Is US exceptionalism beginning to wane?
In this video, Phil Borkin, our Senior Manager of Investment Strategy, revisits this theme and shares our perspective: while risks are emerging, we believe it’s too early to call the end of US exceptionalism.
Phil also outlines how we’re managing US exposures and addressing broader diversification considerations within our recommended model and reference portfolios.
News & Insights
Economic Value of the Sector: Measuring Aotearoa New Zealand’s for-purpose ecosystem.
The $25. 8 billion sector hiding in plain sight New Zealand’s for-purpose ecosystem employs one in 13 workers and contributes as much to GDP as financial and insurance services.
Video
"License to Yield"
Bond markets may not always capture attention, but they have become an important focus for investors.
