Investment Update Video: May 2026

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Global equities just had their best month since 2020. Here's what happened - and how Generate's investment team responded.

Marc Grigg (Investment Distribution Manager) and Greg Smith (Investment Specialist) break down the key developments from a remarkable month in markets.






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Topics covered


  • Global rally — a standout month for the MSCI World Index, S&P 500, and Nasdaq
    Staying invested — why the "stay the course" message from last month was vindicated
  • Active management — how we added to high-conviction names like Nvidia, Micron, ARM, and UnitedHealth during the volatility
  • Generate fund performance — strong returns across Focus Growth, Thematic, and Global funds
  • Earnings season — the majority of US companies beat expectations, with standout results from Alphabet, Apple, Amazon, and Intel
  • Central banks — the Fed, RBNZ, and others hold steady while bond markets tell a different story


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