The Harbour Investment Outlook summarises recent market developments – what we are monitoring closely – and our key views on the outlook for fixed interest, credit and equity markets.

The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed interest, credit and equity markets.

The Harbour team examine market movements in the past month, and what they are watching going forward.

How bad will things get for investors with the current Covid 19 pandemic crisis sweeping the world? Harbour Asset Management looks back at history to help give some context to how things may pan out.

The Harbour team examine market movements in the past month, and what they are watching going forward.

The Harbour Investment Outlook summarises recent market developments; what we are monitoring closely; and our key views on the outlook for fixed interest, credit and equity markets.

The Harbour team examine market movements in the past month, and what they are watching going forward.

The Harbour team examine market movements in the past month, and what they are watching going forward.

Markets are full of conflicting message at the moment. In this feature the Harbour Asset Management team explain what's happening and how the are positioning their portfolios.

The Harbour team examine market movements in the past month, and what they are watching going forward. Find out how they are positioning their portfolios.

The Harbour team examine market movements in the past month, and what they are watching going forward.

The Harbour team examine market movements in the past month, and what they are watching going forward.

The prospect of a near-term trade deal between the US and China deteriorated during May as talks broke down, causing bond yields to tumble and global share markets to retreat from recent highs. Falling yields saw defensive, higher yielding equity markets, such as New Zealand and Australia, outperform. And domestically, the Reserve Bank of New Zealand (RBNZ) cut the Official Cash Rate to 1.50%, citing the deceleration in global growth and uncertainty around the global outlook as key determinants behind their decision.

Global equity markets continued to strengthen in April with the MSCI World index (in local currency) returning 3.8%. Markets were buoyed by the trifecta of a strong US earnings season, signs that Chinese stimulus have had a positive economic impact and, perhaps not unrelated, eurozone growth rates coming in above expectations.

Global equity markets continued to strengthen in March with the MSCI World index (in local currency) returning 1.6%, bringing the return for the quarter to 12.6%.

Harbour Asset Management provides an update on what's happening in investment markets and the three things its watching closely.