For the past five years, Kiwi investors have had plenty of reasons to look overseas.
US markets have surged, technology stocks have dominated, and New Zealand equities have struggled to keep up.
But has that created a new problem, with investors becoming increasingly concentrated in the US while overlooking opportunities closer to home?
In this episode, Ben sits down with Kirsten Boldarin — CEO of Amplifi, which includes Mint Asset Management — to unpack what has driven New Zealand’s share market underperformance and why she sees reasons to be more optimistic about the local market from here.
They discuss the impact of interest rates and inflation on New Zealand equities, why local companies can behave differently from US technology stocks, what makes a strong New Zealand business, and where AI could create opportunities for smaller companies.
Kirsten also explains why she believes broad global equity portfolios have become increasingly concentrated in the US, and why investors may not be getting the diversification they think they are.
At its core, the conversation is about whether Kiwi investors have become too focused on what has worked recently, and whether it’s time to take another look at opportunities here at home.
Massive shoutout to Kirsten Boldarin for coming on the podcast.
Hosted by Ben Stewart and proudly brought to you by Venture Wealth.
This podcast was proudly produced by Fanaticals: https://fanaticals.co.nz/