Investment Insights (Q3 2024)

Equities had a positive second quarter, with emerging markets outperforming developed markets and growth stocks outperforming value stocks. The New Zealand Dollar strengthened against major currencies, posing challenges for unhedged assets. The Japanese Yen lost around 8% to the New Zealand Dollar, benefiting travellers to Japan.

Mercer’s Chief Investment Officer, Padraig Brown, shares insights from Mercer’s global network of investment experts, covering: 

• How the investment markets performed in quarter two. 
• The impact the New Zealand budget announcement and subsequent actions may have on the economy.
• Key trends investors should keep in mind when thinking about the rest of the year.