Trustees Executors Private Wealth provides a one team approach, a total wealth management service where you can get everything sorted in one place.
Trustees Executors Private Wealth provides a one team approach, a total wealth management service where you can get everything sorted in one place.
Find out how Trustees Executors can help you, whether you are looking for funding from one of the charitable trusts we administer, or are looking to establish a legacy of your own.
We all want a secure financial future for ourselves and those we care about and where you turn for advice is one of the most important decisions you’ll make. Trustees Executors Private Wealth provides a one team approach, a total wealth management service where you can get everything sorted in one place.
Knowing you have taken the right steps to ensure your loved ones are cared for after you're gone is what estate planning is all about.
Talk with one of our Private Wealth experts who will work alongside you to help you make the most of our services.
There are many ways to grow and protect your wealth, and our skill is to help you understand your choices and create and implement a personal wealth strategy to suit your needs. It all starts with a plan.
We are uniquely placed in the market as the only provider of fund administration, corporate trustee and wealth services in New Zealand.
We are uniquely placed in the market as the only provider of fund administration, corporate trustee and wealth services in New Zealand.
We are uniquely placed in the market as the only provider of fund administration, corporate trustee and wealth services in New Zealand.
Expertise you need, service you deserve. As your trusted and independent licensed supervisor, we deliver our regulatory leadership through collaborative partnerships that protect the interests of your investors.
For more than 25-years we have been leading providers of custody, investment accounting and unit pricing services to the managed fund industry.
For more than 25-years we have been leading providers of custody, investment accounting and unit pricing services to the managed fund industry.
Feb 17, 2021
December is a time to take stock and look to the year ahead. Many like to make bold predictions, which while exciting, tend to be a distraction and are often times inaccurate. What’s more important is understanding how markets work and being invested appropriately for your goals.
2020 was chaotic
Leading into 2020, not many would have predicted a year like we’ve had. A global pandemic didn’t feature on anyone’s radar of risks in 2020. There were other events throughout this year, such as the Black Lives Matter movement, Australian Bushfires, a US President impeachment trial, a bear market, a stock market bull rally, a global recession, the UK left the EU, locust plagues in India and Africa, and a lot of earthquakes (1,746 above a 5 magnitude to date). However, these were all overshadowed by the continued spread of COVID-19 and the tragic health impacts that have occurred.
The short list above is not intended to frighten, but more to highlight the unpredictability of the world we live in. Despite all of this, the New Zealand market returned approximately 12% year to date which not many of us would have predicted back in March.
Taking stock
At its lowest point the New Zealand market was down -26%, with the average company down -36%. Fisher & Paykel Healthcare was the only positive company, up 22% at the end March, and Tourism Holdings was the worst hit, down -84%. Since then, the average New Zealand company has returned 16% year to date, with the biggest return from Pacific Edge, up over 750%. By all accounts it’s been a great year to be invested. A reminder that markets tend to bounce back, it’s typically just a matter of time.
Ignore the noise
Shares can be exciting and daily price movements can be large. It’s always tempting to use equities as a quick way to make money but in order to get this high return, shares come with substantial risks.
Stay the course
During March many investors were seen switching out of their growth oriented KiwiSaver funds into more conservative funds. For those investors, locking in the loss could have cost them as much as 15% of their portfolio value, while those who stayed put have been able to take full advantage of the stock market recovery.
Focus on what you can control, have a plan and stay the course.
Trustees Executors Limited was established in 1881 and is New Zealand’s first Trustee Company.
We provide a full range of financial and trust solutions to individuals, families and the corporate sector, including estate planning, trustee and investment advisory services.
We are a Licensed Financial Markets Supervisor and a leading provider of specialist Corporate Trustee and back-office fund administration services to some of New Zealand’s largest financial institutions, banks and fund managers.
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