Welcome to your May update
Dear investor, welcome to the SBS Wealth Investment Funds Investor Update for May 2026. Below you will find the latest performance data and market commentary from… Read more
Artificial Intelligence (AI) has moved from promises to practice in pharmaceutical Research and Development (R&D). After years of pilot projects and niche use cases, AI is now embedded across discovery… Read more
Welcome to your May update
Dear member, welcome to the SBS Wealth KiwiSaver Scheme Investor Update for May 2026. Below you will find the latest performance data and market commentary from… Read more
What happened in the markets
April proved to be a markedly different month from March, despite ongoing tensions in the Middle East. While the Israel-US conflict with Iran remained unresolved and… Read more
Power availability has emerged as the binding constraint for the AI infrastructure buildout.
The buildout continues to gather pace, yet rapid growth in demand for the computing power provided by… Read more
Welcome to your April update
Dear member, welcome to the SBS Wealth KiwiSaver Scheme Investor Update for April 2026. Below you will find the latest performance data and market commentary from… Read more
Welcome to your April update
Dear investor, welcome to the SBS Wealth Investment Funds Investor Update for April 2026. Below you will find the latest performance data and market commentary from… Read more
What happened in the markets
March was all about the conflict in the Middle East. Israel and the US launched a military strike against Iran, targeting Iranian leaders. Iran effectively shut… Read more
A short note on the conflict in Iran
The start of March has been marked by heightened uncertainty as the conflict involving Iran continues to unfold. Global markets are acting more… Read more
The launch of ChatGPT in late 2022 set off one of the fastest and biggest capital expenditure cycles in decades.
So far, this has been led by US Big Tech… Read more
What happened in the markets
Equity markets were positive again for February, with non-US equity markets outperforming the US. Leading the way were Japanese stocks, Emerging Markets, UK, listed infrastructure funds,… Read more
Welcome to your March update
Dear investor, welcome to the SBS Wealth Investment Funds Investor Update for March 2026. Below you will find the latest performance data and market commentary from… Read more