Cracking the interest rate code | A research-driven approach for smarter portfolios

Interest rates remain one of the most powerful forces shaping investment outcomes, and understanding the four phases of the interest-rate cycle (hiking, peak, cutting and the flat bottom) is key to navigating markets. Each phase affects share market performance and sector leadership in patterns that have repeated across multiple cycles.
To help investors make the most of these opportunities, NZ Funds has developed the Interest Rate Investment Strategy (IRIS), a research-driven framework that guides sector positioning as the cycle moves. This week, we look at why the strategy was developed…