Investment Insights October 2022

With persistently high inflation in most major economies together with the Russia-Ukraine crisis the markets have had another tough quarter. In New Zealand, annual inflation is up to 7.2%, which is a 32 year high.

Due to the current market volatility, most investment assets have encountered negative returns during the quarter.

Mercer’s Investment Consultant, James Wilson shares insights from Mercer’s global network of investment experts covering:

  • The effects of the Russia-Ukraine Crisis and inflation on the markets.
  • The likelihood of a soft vs. hard landing.
  • What we are expecting to see in the markets for the rest of 2022.

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 40 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.

2 November 2022