Investment Insights – April 2024

During the first quarter of 2024, equity markets performed strongly, with standout performances from Japanese and US equities. Bond markets were relatively muted, and gold reached a new all-time high.

Hayden Tyrrell, Senior Investment Management Analyst, shares insights from Mercer’s global network of investment experts, covering:

  • How the markets performed in quarter one.
  • Current trends impacting global and local investment markets.
  • How does an increase or decrease in the official cash rate affect Kiwi investors.
  • Market trends we are likely to see this year.

New Zealand Defence Force Savings Schemes offer you the choice of seven different investment options. If you’re not sure if your investment option is right for you, take our Fund Selector and/or call NZDF’s appointed financial advisers, Become Wealth, on 0508 BECOME (0508 232 663) or email them at

Mercer’s team of experts based in 44 countries around the globe, including New Zealand, monitor global and local events and bring you the latest updates. We also produce an investment report each month covering the NZDF Savings Schemes, which includes returns for each of the seven funds in each scheme.

26 April 2024