NZX50 slides as US strikes on Iran keep investors on edge
Infratil was a drag as Oracle’s capital spending and OpenAI’s price-cut threat knock AI trade.
New Zealand’s S&P/NZX 50 index snapped a two-day gain as it followed a souring among investors around the world as US President Donald Trump renewed attacks on Iran as negotiations for a lasting peace dragged on.
Oil prices rose amid the heightened tensions in the Middle East, knocking logistics firm Mainfreight and Auckland International Airport, while Air New Zealand was also weaker.
Infratil ...MORE»
Passive popular but with Kiwi investors should do moreWednesday, June 10th, 6:00AM
Index investing is undoubtedly become popular but New Zealand investors are along way behind other countries. MORE» |
NZX50 roars back as Asia rallies on AI bounce, Iran-Israel ceasefireTuesday, June 9th, 6:51PM
OpenAI joins the IPO flurry. MORE» |
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Making Investment Advice Easier for Clients to Understand
Clients don’t all absorb information in the same way, some need visuals while others prefer numbers and detail. Many need both before they feel confident to make a decision. MORE »
New fund range answers adviser call for flexible KiwiSaver alternative
Booster’s Wealth Series is the Wellington-based fund manager’s answer for investors looking to combine a level of active management with competitive value. MORE »
No Space X boost for S&P500
S&P Dow Jones, unlike other market participants, has decided not to change its indice rules to allow SpaceX into the S&P500.
S&P Dow Jones Indices untook a market consultation on potential changes to the S&P US Indices and Dow Jones US Total Stock Market Indices methodologies related to MegaCap companies.
The consultation was triggered by the SpaceX IPO and whether to include it on indicies when the company listed.
"Market consultations are the primary mechanism through which our Index Committees engage with ...MORE»
SpaceX - The IPO That Rewrote the RulebookFriday, June 5th, 4:14PM
SpaceX is targeting a $1.8 trillion valuation in what would be the largest IPO in history, and the sheer scale of the listing may reshape how major stock indices work. MORE» |
New fund tool to compare KiwiSaver returns, connect advisersThursday, June 4th, 8:01AM
A new fund finder tool is designed to offer a more user-friendly way for people to compare their KiwiSaver options. MORE» |
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News Bites
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Summit to examine financial advice policy, regulation, and professional standards
Financial Advice New Zealand is launching an Advice Policy Summit in conjunction with the Financial Planning Standards Board Asia Pacific Forum. MORE»
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GoodReturns TV
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Fisher Funds moves to woo advisers back
After years of neglecting the adviser market, the investment manager is going on the charm offensive. MORE»
SpaceX - The IPO That Rewrote the Rulebook
SpaceX is targeting a $1.8 trillion valuation in what would be the largest IPO in history, and the sheer scale of the listing may reshape how major stock indices work. MORE»
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TAP launches AI agents to automate adviser workflows
The Adviser Platform (TAP) has launched two AI-powered tools designed to automate administrative tasks for advisers, with plans to expand the technology across a wider range of advice workflows. MORE»
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TMM Online
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Plenty of interest in development and investment finance
Despite a subdued residential housing market, Pallas Capital has lent $1.29 billion in investment and construction loans as enquiry rises. MORE»
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Changes at the top for Fishers
Fisher Funds has announced two changes to its executive team, with its Chief Client Officer resigning and its Chief Investment Officer moving to a new role. MORE»
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New fund tool to compare KiwiSaver returns, connect advisers
A new fund finder tool is designed to offer a more user-friendly way for people to compare their KiwiSaver options. MORE»
