While the dairy sector remains volatile (Fonterra’s latest farmgate milk price forecast sits at $8.50/kg MS), the magazine points to surprising resilience in and aquaculture . “Investors have been hiding in utilities and property for two years,” Wills writes. “Issue 046 argues that the rotation has begun. Look at cyclicals, but be selective.” A centerpiece chart tracks the divergence between listed infrastructure (down 2% YTD) and discretionary retail (up 11% YTD), suggesting that the Kiwi consumer is cautiously opening their wallet again. Feature Interview: The CEO of Fisher & Paykel Healthcare One of the most anticipated segments of any NZX Magazine issue is the one-on-one CEO interview. For Issue 046 , the editors secured an exclusive sit-down with Lewis Gradon of Fisher & Paykel Healthcare (FPH).
This issue is essential reading for any Kiwi with skin in the game. It is less doom-laden than Issue 045 (which focused on the construction slowdown) and more pragmatic than Issue 044 (the crypto hype edition). The strength of lies in its sector rotation thesis—convincing investors to move cash from term deposits (rates are dropping) back into equities, specifically tech and select property. NZX Magazine New Zealand Issue 046
Disclaimer: This article is for informational purposes only. Always read the Product Disclosure Statement and consult a licensed financial advisor before trading on the NZX. While the dairy sector remains volatile (Fonterra’s latest