Bond funds likely to deliver out-sized returns: Amova

Financial markets have priced too much inflation risk into longer-term fixed interest yields, according to Fergus McDonald, head of the bond and currency team at Amova Asset Management.

New Zealand 10-year government bonds are currently yielding about 4.75% while the OCR is at 2.25%, a 250 basis point gap, McDonald told an Amova investment conference.

The history of the last 20 years shows when that gaps gets that large, bond yields have fallen, McDonald said.

“We’ve been here before. Markets are anxious and uncertain about outcomes,” and that has led to mispricing ...MORE»

Longwave aims to smooth the waters Tuesday, March 31st, 6:00AM For clients approaching retirement, consistent returns become more important than producing the highest possible returns, and so the Longwave Australian Small Companies Fund aims to deliver consistent returns, according to chief investment officer David Wanis. MORE»

FMA calls for innovation to drive financial advice uptake Wednesday, March 25th, 5:43PM  7 comments The Financial Markets Authority (FMA) is calling for Financial Advice Providers (FAPs) to innovate to encourage more consumers to use their services to improve their financial wellbeing. MORE»

What KiwiSaver changes do managers agree on?

Prime Minister Christopher Luxon told the recent FSC Outlook come to us with your five best ideas and let's see what we can do. So Good Returns asked some fund managers for their top five KiwiSaver change ideas.

KiwiSaver providers are united in their view that KiwiSaver should not be subject to political cycles.

John Berry, founder of Pathfinder, said a cross-party, long-term plan for retirement savings was top of his KiwiSaver wishlist.

“We’re lifting the savings rate from 3% plus 3% to 3.5% plus 3.5% to 4% plus 4%.  If we want to get to where Australia are, which is 12% from the employer, ...MORE»

Consilium exits Cambridge Partners shareholding Monday, March 23rd, 6:00AM Three years after taking a 35% stake in Christchurch-based Cambridge Partners, Consilium is selling up. MORE»

[GRTV] Earnings season; Iran; War and the NZ housing market - what it all means for investors Thursday, March 19th, 9:41PM Generate Investment Specialist Greg Smith discusses how current issues are impacting investors. MORE»

News Bites

PAA Legacy Trust supports FANZ

Financial Advice New Zealand (FANZ) has entered a long term strategic partnership with the PAA Legacy Trust to support further development of Campus, its adviser-led, professional development hub designed to deepen capability across the financial advice profession. MORE»

GoodReturns TV

Fisher Funds moves to woo advisers back

After years of neglecting the adviser market, the investment manager is going on the charm offensive.   MORE»

Markets, oil and geopolitics: keeping perspective during the Iran conflict

Generate Investment Specialist puts all current market volatility into perspective for investors. MORE»

Sponsored by:

Chubb fills leadership team with surprise appointment

Chubb now has a full executive leadership team including one high-profile appointment from a competitor. MORE»

TMM Online

Billions in wealth lost during one of the severest housing corrections

Homeowners have lost $570 billion in real wealth since the end of 2021 in one of the biggest peacetime housing falls, John Bolton, Squirrel Mortgages founder and group head of property finance reckons. MORE»

Sponsored by:

FANZ acknowledges top advisers

Financial Advice New Zealand has named the winners of its annual awards. MORE»

Sponsored by:

What KiwiSaver changes do managers agree on?

Prime Minister Christopher Luxon told the recent FSC Outlook come to us with your five best ideas and let's see what we can do. So Good Returns asked some fund managers for their top five KiwiSaver change ideas. MORE»