Investment Insights – October 2025

New Zealand’s economic growth sharply declined in the second quarter of 2025, as geopolitical tensions disrupted the country's recovery from last year’s recession.

Mercer’s Investment Portfolio Manager James Wilson and Investment Consulting Analyst, Dushka Crighton share insights from Mercer’s global network of Investment experts covering:

  •  Recent developments in New Zealand’s investment market.
  •  US tariff uncertainties and Middle East geopolitical tensions.
  •  The outlook for New Zealand’s economy and investment markets for the rest of 2025.

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 hello@become.nz.

Mercer’s team of experts based in over 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.

 

This information has been prepared by Mercer (N.Z.) Limited. The information contained in this article is intended for general guidance only. It does not take into account your particular financial situation or goals. Before making any investment decision, you should refer to the Product Disclosure Statement or consult an appropriately qualified financial adviser.

28 October 2025