News

From an economic perspective, the global economy appears to be in good heart. The environment for equities remains broadly neutral, as central banks unwind their stimulatory policies in response to improving growth prospects rather than the need to stamp out any problematic rising inflation. However, even though interest rates are starting to rise, bonds are not yet particularly attractive.
A balanced and diversified approach to investment remains appropriate: as well, clients should remain close to their benchmark targets for risk control.

War reaction, NZX and Google.

Recently Select Wealth ran a campaign to help you trade paper for convenience by receiving your reports electronically via an online portal, giving you the chance to be in to win a House of Travel gift card worth $5,000. We are happy to now announce the winner was Invercargill’s Mr. Owen Wilson. Owen’s financial adviser Mark Baker and Andrew Kelleher (Select Wealth Chairman) made a visit to Invercargill to award him the travel gift card. Congratulations Owen! 

Potential trade wars and interest rates have dominated the news in March. The first quarter of 2018 continues to show signs of more volatility and nervousness in markets particularly as the US, being furthest of the advanced economies through its cyclical growth, presents a different economic narrative to the rest of the world.
 

Whilst financial markets are quickly brushing COVID-19 aside, we recognise that the real impact it has had on many peoples’ lives will not pass so quickly. Reflecting the increased levels of need in our community at present, we were proud to partner with our parent company (Investment Services Group) to make a $25,000 donation to the Auckland City Mission last month.

Select Wealth Management’s parent company, Investment Services Group (ISG), has donated $25,000 to the Women’s Refuge.

Women's Refuge is New Zealand’s largest non-government organisation dedicated to the prevention of domestic violence.

To read the full media release, please click here. 

BitCoin-MemorableEvents-2018

Market Fallout - Reaction to oil supply