AI use in weapons a growing concern for ethical investors
Local ethical fund manager Pathfinder is among other ethical players globally grappling with the all new conundrums created by the rapid growth of AI - the development of AI-powered weapons systems becoming the latest issue to raise a red flag.
Local ethical fund manager Pathfinder is among other ethical players globally grappling with the all new conundrums created by the rapid growth of AI - the development of AI-powered weapons systems becoming the latest issue to raise a red flag.
“Who decides on whether the weapon is fired and what level of human interaction is there in that and and is it a human veto, or is it an entirely ...MORE»
NZ financial system holding up, but global risks growingFriday, May 9th, 11:39AM
Despite global uncertainty—including rising geopolitical tensions and fresh US tariffs—New Zealand’s financial system remains stable, according to the Reserve Bank’s latest Financial Stability Report. MORE» |
Global share trading platform Tiger Brokers goes localWednesday, May 7th, 12:01PM
Tiger Brokers wants to become a one-stop shop for New Zealand customers with the introduction of NZX-listed equities and ETFs on its platform. MORE» |
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Shaping the future of advice: How NZFSG is empowering advisers in a changing regulatory world
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Craigs' results point to funds management dominance
Craigs Investment Partners’ latest results for calendar 2024 provide some clues about the degree to which it has become more a fund manager than a stock broker, although its merchant banking fees and funds management fees are reported as a single line item.
Craigs Investment Partners’ latest results for calendar 2024 provide some clues about the degree to which it has become more a fund manager than a stock broker, although its merchant banking fees and funds management fees are reported as a single line item.
The results show its brokerage revenue jumped 44.2% to $62.9 million in the latest year while its fees revenue was up 13.4% to nearly three ...MORE»
Buffett announces his retirement; A Kiwi's view from OmahaTuesday, May 6th, 4:55PM
The Woodstock of Investing: Lessons from Warren Buffett’s final Berkshire Hathaway annual meeting. MORE» |
Advisor relationships on Sharesies' radarTuesday, May 6th, 6:29AM
Investment platform Sharesies is turning its mind to how it can work more closely with advisors now it has its latest KiwiSaver scheme options up and running. MORE» |
News Bites
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Craigs’ 50% stake sale complete
Investment firm Craigs has confirmed the sale of half of the company to global private equity firm TA Associates is now complete and takes effect from today. MORE»
GoodReturns TV
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[GRTV] Antipodes portfolio manager discusses emerging markets fund's potential amid volatility
Antipodes Portfolio Manager John Stavliotis discusses the opportunities in emerging markets, their strong growth potential and diversification benefits. MORE»
Calming influences
April was another volatile month for financial markets, but one that in the end produced a relatively benign outcome for investors. Trade developments were front and centre, with the angst around “Liberation Day” replaced by relief as Donald Trump announced a 90-day pause for trading partners to negotiate trade deals. MORE»
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What AIA paid out in claims last year
AIA pays $829.6 million in total claims in 2024. MORE»
TMM Online
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Steadying the unsteady recovery
Although about $2.2 billion will flow back into mortgage holders’ pockets over the next six to 12 months from falling interest rates a big chunk of it will go on paying bills. MORE»
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Two old timers leave AIA in distribution makeover
AIA rejigs its distribution team with the former head of IFA and group distribution, and head of aligned advice also leaving. MORE»
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Generate KiwiSaver customers most satisfied
Boutique providers have taken out the top spots in Consumer New Zealand’s KiwiSaver survey with Generate awarded People’s Choice. MORE»