'We're in the hunt': How some of NZ's largest fund managers are navigating the market turmoil

Markets are digesting US President Donald Trump’s latest tariff gambit. (Image: NZME)

Wed, 09 Apr 2025

The market volatility playing out around the globe is exciting for fund managers, Milford Asset Management portfolio manager Jonathan Windust says. “We love this stuff.” While markets digest US President Donald Trump’s latest tariff gambit, Milford Asset Management has been trimming its exposure to overhyped shares such as Nvidia and shares in general, moving into government bonds.Defensive stocks such as telecommunications firms and key infrastructure assets like airports in more stable economies such as the UK...

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