Investments

Harbour Monthly Commentary: Stronger global growth signals

Friday 11th of January 2013

December seemed to mark the month of further transition to cyclical and growth stocks in both Australia and New Zealand. The New Zealand equity market returned 25.9% in 2012 – outperforming the World MSCI index, which rose 9.4% in New Zealand dollar terms.  The Australian ASX200 index was up 20.3% in Australian dollars for the year, and up 15% in New Zealand dollars.

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