Ceo of vivier & co, luigi wewege believes new zealand’s economic growth represents a massive opportunity for investors in 2015
CEO of Vivier & Co, Luigi Wewege believes New Zealand’s economic growth represents a massive opportunity for
investors in 2015
The start of the year is a great time for all investors to consider whether their current investment mix is still suitable –
after reviewing their circumstances and any changes that may be needed for future planning.
Investors sometimes retain portfolios they haven’t reviewed for a number of years. Yes, decisions were appropriate
when first put in place. But perhaps personal situations have changed. For instance, an inheritance may have been
received, which could have an impact on retirement planning. Perhaps a relationship break-up has significantly reduced
overall assets. Or maybe the world economic outlook has led to better opportunities. Any number of matters could
have changed since you last reviewed your portfolio. These could significantly affect your time-frame - or indeed your
With an excellent track record in handling past financial crises, New Zealand is a safe haven for investments. Although
highly regulated, it has some of the most reliable economic and fiscal policies in the world. When coupled to some of
the highest interest rates amongst developed nations, it’s little wonder that the country has a reputation as the
jurisdiction of choice for investors.
New Zealand’s economy grew by 3.4% last year. That was the largest increase in ten years and - according to analysts -
the country promises even more growth this year, when the economy is expected to grow by a full 4%. Moreover, New
Zealand is expected to be enjoying its first budget surplus in seven years, a remarkable situation, compared with other
New Zealand’s favourable position is widely expected to lead to major tax reductions for low and middle income
earners, amounting by 2017 to NZ$1.5 billion, together with a prudently controlled debt and a growing economy. It is
undoubtedly New Zealand’s excellent economic policies that have taken overall business confidence index to a recent
high of 30.4. With current fiscal policies likely to continue in the same successful fashion, they indicate a welcome
opportunity for the investment community. Shouldn’t that include you?
Amongst those taking most advantage of the country's positive business environment is the financial sector. It’s already
becoming one of the most attractive of all for investment. The NZX50 was up 17.0 per cent last year, a stellar
performance, against a 16.5 per cent increase in 2013 and 24.2 per cent in the bumper year before that.
Over the last decade, the New Zealand market has delivered an average annual return of no less than 6.7 per cent.
However, the last three years have been exceptional. In 2015, investors remaining alive to the opportunities should
expect the same outstanding returns.
About the Author
Luigi Wewege is the founder of Vivier Group & CEO of its Auckland based financial services arm Vivier & Co. He is also
the Managing Director of its sister companies Vivier Investments, Vivier Developments, Vivier Home Loans and Vivier
Vivier & Co
Vivier and Company Limited (‘VCL’) is registered in New Zealand under number: 1130618. VCL is a member of Financial
Services Complaints Limited a New Zealand Government approved Dispute Resolution Scheme, and maintains an
insurance policy with Standard and Poor's A+ rated insurers, providing a NZD2,000,000 indemnity on any one claim/loss
in the aggregate.
For further details, please contact
Press at Vivier Group
Level 31, Vero Centre, 48 Shortland Street Auckland 1010, New Zealand
+64 9 889 3998