News
Economic Commentary: Sept 25
Sharemarkets have maintained the strong momentum which began in mid-April following the initial rollback of US tariffs.
Investment performance over the past quarter and 12-month period has been very positive. While these results are encouraging, we maintain a cautious stance with a slightly defensive bias. Several significant challenges remain unresolved in the global economy, including ongoing tariff uncertainty, elevated government debt levels, slowing growth, persistent inflation pressures, and stretched valuations in some market sectors. Given these factors, our portfolios are positioned slightly conservatively across all risk profiles, with underweight positions in US equities and overvalued sectors. While momentum continues to drive markets higher, this dynamic can shift rapidly.
Tate Scholarship Recipient: Stephen Redwood
Winter Newsletter: Jun 25
From Stephen's Desk
I must admit that the first 5 months of the year haven’t quite gone according to plan, which is part of the reason for the later-than-usual newsletter. It is also the reason that I have been running a little behind schedule and apologies to everyone if I haven’t returned to you as quickly as I would like.
We're incredibly proud to announce that Stephen Redwood was awarded the prestigious Tate Scholarship at the 2024 Financial Advice New Zealand Conference!
This scholarship recognises the top academic performer in achieving the Certified Financial Planner™ (CFP™) certification - the pinnacle qualification in our profession.
Stephen shared: "It was a process that has added a huge amount to what we do. It's a lot of hard work (to obtain the accreditation) but well worth it."
This achievement reflects our ongoing commitment to expertise that makes a real difference to your financial future. When you work with Personal Investment Centre, you're backed by proven, top-tier professional qualifications.
Pictured: Stephen Redwood with Nigel Tate and Heather Roy