How KiwiSaver has changed investment over the last 15 years

"Are we actually headed for a recession or is there going to be a soft landing?" That's the big question markets are trying to digest right now, says Fisher Funds chief investment officer Ashley Gardyne. Markets were already "spooked" by high inflation forcing central banks to raise rates, Gardyne said. Then with the events in Ukraine and rising oil prices concern has shifted to the impact on consumers and whether that will impact earnings, he said. On the eve of the 15th anniversary of KiwiSaver, the market volatility creates a fresh challenge for the scheme as most investment balances have moved backwards for the first time in years.   This week on Continuous Disclosure we look at what's behind that sell-off and what KiwiSavers should do...See omnystudio.com/listener for privacy information.