Fund watch

2023 Market Outlook

While many of the challenges from 2022 will continue into this year, there are reasons for investors to be optimistic.

Following a year of declines, equity market valuations have fallen back to more attractive levels. It means that, as an active manager, there are opportunities for us to invest in quality companies at attractive prices. Meanwhile, in fixed interest markets, with the majority of interest rate hikes likely behind us, bonds now offer a more attractive outlook than they have for many years.

2023 may once again test investors’ nerves, but we would remind you to stay focused on your long-term goals. Market falls, such as those we saw last year, are part and parcel of investing. Nevertheless, whatever the year brings, we believe our approach to investing – with an emphasis on diversification and aiming to invest in high quality and highly liquid investments – will help smooth out any bumps along the way and allow us to capitalise on any opportunities

Finally, we continue to place importance on our approach to responsible investing. One of the most significant developments recently was the launch of the Stewardship Code Aotearoa New Zealand. ANZ Investments is proud to support the code, and is one of the founding signatories.

Read the full report

ANZ Investments 2023 Market Outlook (PDF 2.7 MB)

This article has been prepared by ANZ New Zealand Investments Limited for information purposes only and it should not be treated as financial advice.

Superannuation Investments Limited is the issuer and manager of the SIL Mutual Scheme. ANZ Investments is not an authorised deposit taking institution (ADI) under Australian law and investments in the scheme aren't deposits in or liabilities of ANZ Bank New Zealand Limited, Australia and New Zealand Banking Group Limited, or their subsidiaries (together 'ANZ Group'). ANZ Group doesn’t stand behind or guarantee ANZ Investments. Investments in the scheme are subject to investment risk, including possible delays in repayment, and loss of income and principal invested. ANZ Group won’t be liable to you for the capital value or performance of your investment.

Past performance does not indicate future performance, and performance can be negative as well as positive. This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product.

Investment and administration manager: ANZ New Zealand Investments Limited