Last year’s May edition was all about change – and it will come as no surprise that 2026 is no different. In our latest Investment Update, we unpack how geopolitical tensions, higher energy prices and renewed inflation concerns shaped markets in the first quarter, and what this ever-evolving backdrop means for investors.
To understand the staggering pace at which AI is reshaping the investment landscape, we only need to look at the S&P 500. The ’Magnificent Seven’ of Apple, Microsoft, NVIDIA, Alphabet, Amazon, Meta, and Tesla – many of which sit at the centre of the AI revolution – now make up roughly one-third of the index’s total market capitalisation. We share our perspective on the pressure points and where long-term opportunities may lie.
For those who prefer craft to code, bookmark our article on passion investments – think fine art, collectibles, vintage cars or wine. Tangible assets like these can enrich our lives far beyond a balance sheet; with the right planning, they can also sit comfortably within a broader wealth strategy.
Finally, you might recall that in December we let you know about planned changes to strengthen the resilience of our portfolios. We’re pleased to confirm this work is now done – you can read a full update in this edition, including what it means for your investments.
Thank you for your continued trust in ANZ Private. We hope you enjoy the read.
Glenn Stevenson
General Manager, ANZ Private
Articles from this edition
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This material is prepared based on information and sources ANZ Bank New Zealand Limited (‘the Bank’) believes to be reliable. Its content is subject to change and is not a substitute for commercial judgement or professional advice. To the extent permitted by law the Bank disclaims liability or responsibility to any person for any direct or indirect loss or damage that may result from any act or omission by any person in relation to this material. Past performance does not indicate future performance. The actual performance any given investor realises will depend on many things, is not guaranteed, and may be negative as well as positive.