Winter 2023 Edition

This edition is all about leaving lasting legacies.

Nearly 3 million viewers watched the Roy family bring their Shakespearean drama to a close on HBO’s Succession – but intergenerational wealth planning is far from fiction. Many families in New Zealand are grappling with the reality of succession planning and how best to ensure the longevity of their wealth, so that future generations may benefit.

A common characteristic among institutionally wealthy families is they see themselves as custodians of their family’s assets. In other words, they see their wealth as part of a larger legacy they feel they have a duty to maintain.

So how can you safeguard your vision for your wealth in the face of changes – and avoid the so-called ‘three-generation curse’? We share some key considerations and more from our research into inter-generational wealth transfer.

Elsewhere in this edition, we bring together seasoned and new members of our Investment Management team: Head of Australasian Property Securities Craig Tyson, part of the ANZ family for nearly two decades; and Senior Equity Analyst Francois de Cannart d’Hamale, who’s recently shifted continents to join us. Together, they combine decades of experience and expertise to manage over $1.4b of capital.

And finally. It’s the question occupying economists, bankers, and column inches: have interest rates peaked? We take a look at the evidence for and against, what’s in store for the month ahead, and your quarterly investment update.

I hope you enjoy the read – and remember, if you would like to know more about our approach to managing your portfolio in changing times, simply contact your Private Banker.

Glenn Stevenson
General Manager, ANZ Private

Articles from this edition

Important information

This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product. To talk to one of our team at ANZ, please call 0800 500 588, or for more information about ANZ’s financial advice service or to view our financial advice provider disclosure statement see

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.