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.
Index providers including Nasdaq, FTSE Russell, but not S&P have rewritten their inclusion rules specifically to accommodate SpaceX, forcing many passive funds to buy the stock almost immediately after listing.
With only around 5% of shares available to the public, a wave of forced buying from trillions of dollars of index-tracking capital will chase a scarce float, with consequences for price ...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» |
Non-bank lender pushes into funds businessThursday, May 28th, 9:46AM
Non-bank lender Avanti Finance is looking to grow its funds management business. 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 »
KiwiSaver balances lift but some members left behind
New data from the Retirement Commission shows balances have increased year-on-year, but some people are still being left behind.
The data shows the average balance across KiwiSaver was $41,286 in 2025, up 11.3% on the year before.
Men’s average balance was $47,452 and women’s $38,212.
About a third of members had balances below $10,000 but the number of people with balances above $80,000 was growing, to about 15%.
People who were contributing had much higher average balances than non-contributing members.
Policy ...MORE»
Pie Funds new global strategy is paying offMonday, May 25th, 10:17AM
Pie Funds change of investment strategy is paying off with top placings in the latest Morningstar KiwiSaver report. MORE» |
NZX50 ekes out weekly gain as Serko shakes off gloom, Vista signs new customersFriday, May 22nd, 6:36PM
Tower had its worst week in almost nine years. 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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Fidelity exec to become Apex CEO
Fidelity Life has reshaped its leadership team following the departure of an executive. MORE»
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TMM Online
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Which banks did the most lending in 1st quarter; and who slowed down
Kiwibank appeared to take its foot off the accelerator on mortgage lending in the March quarter after a string of quarters of lending above its market share which reached almost 8% at March 31. 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»
