6/28/2022 12:00:00 AM

Mid-Year Market Update: Volatility in your portfolio

In part five of our Mid-Year Market Update video series, we hear from James Paterson, Head of Wealth and Client Services.

We are living in a really tough season for financial markets, Paterson says.

“Falling markets, the war in Europe, high costs of living - there has been a lot going on in markets recently,” Paterson says.

This is coming off the back of what has been a really unsettling period around Covid too, he says. 

“Some of the important messages for investors at the moment are to stay the course and don’t panic - this is just a cycle. We will come through this,” he says.

For some of us, this might be difficult to experience in reality, especially when you’ve been watching your investment fall in value month after month, Paterson says.

But it’s not all bad news. Downturns can also create opportunities. 

So what are his tips for navigating the current downturn as an investor?


If you have any questions or want to talk anything over, we encourage you to get in touch. Please contact your Relationship Manager or the team at [email protected] or 09 4861701.

View other videos in our Mid-Year Market Update Series:

Video 1: CEO + Founder Mike Taylor on current market conditions

Video 2: Guy Thornewill and Toby Woods cover finding hidden gems during global volatility

Video 3: Portfolio Manager Michael Goltsman on three key company attributes in this climate

Video 4: Portfolio Manager Mike Ross on companies and sectors we have reduced exposure to




Information is current as at 28 June 2022. Pie Funds Management Limited is the manager of the funds in the Pie Funds Management Scheme. Any advice is given by Pie Funds Management Limited and is general only. Our advice relates only to the specific financial products mentioned and does not account for personal circumstances or financial goals. Please see a financial adviser for tailored advice. You may have to pay product or other fees, like brokerage, if you act on any advice. As manager of the Pie Funds Management Scheme investment funds, we receive fees determined by your balance and we benefit financially if you invest in our products. We manage this conflict of interest via an internal compliance framework designed to help us meet our duties to you. For information about how we can help you, our duties and complaint process and how disputes can be resolved, or to see our product disclosure statement, please visit www.piefunds.co.nz. Please let us know if you would like a hard copy of this disclosure information. Past performance is not a reliable indicator of future returns. Returns can be negative as well as positive and returns over different periods may vary.