A recent analysis by KiwiSaver provider Mercer revealed that private equity has outperformed other asset classes over the past decade, with an average return of 16.4%. This was achieved through long-term investment in private equity funds or firms like Warren Buffett’s Berkshire Hathaway. Mercer’s Chief Investment Officer, Padraig Brown, emphasized that private equity is increasingly becoming a prominent player in the institutional investment arena. Surprisingly, New Zealand equities came in second place, likely due to investors searching for high-dividend yielding stocks. On the other hand, commodities were the only negative returning asset, while traditionally safe investments like government bonds and cash performed poorly too. To learn more about the best and worst-performing assets of the past decade, tune in to today’s episode of Markets with Madison. For expert investment advice, make sure to listen to Markets with Madison every Monday and Friday on the NZ Herald. Please note that the information provided in this program is general in nature and not intended to be personalized financial advice. It’s recommended to seek appropriate advice from a qualified professional for individual circumstances.
