The money pouring into Wall Street from kiwis has reached a record high
The money pouring into Wall Street from kiwis has reached a record high
7 June 2025
New US treasury data reveals New Zealanders have more than $120-billion worth of US shares and bonds in March - the highest monthly total on record.
Online share-trading platform - Moomoo - reports close to 80 percent of the investment volume went into company shares.
CEO Michael McCarthy, says low returns locally have pushed New Zealanders to seek higher yields abroad.
He says shares into promising tech businesses, are particularly drawing attention from individual investors.
© 2025 Newstalk ZB, NZCity
