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Senior Portfolio Manager at Fisher Funds has investment advice for 2023

Author
Newstalk ZB,
Publish Date
Thu, 15 Dec 2022, 9:57PM
Fisher Funds. Photo / NZME
Fisher Funds. Photo / NZME

Senior Portfolio Manager at Fisher Funds has investment advice for 2023

Author
Newstalk ZB,
Publish Date
Thu, 15 Dec 2022, 9:57PM

2022 is nearly over, and it may give investors some lessons to take into the new year.

According to a Senior Portfolio Manager at Fisher Funds, we may have to get used to aftershocks from the Covid-19 pandemic for the next few years impacting the economy. The lockdowns generated highs and lows, and investments can turn on a dime.

It's also important for industries to listen to consumer demand, as can be observed from the Meta saga. Demand for products changes, and it's useful to take advantage of the markets and be adaptable. Being tone-deaf to costs can hurt companies.

Sam Dickie from Fisher Funds says that it's clear that gravity has come back to the stock market.

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