NZ Super Fund ruling likely to increase scrutiny on investment processes
Fund managers are considering the implications of a High Court ruling which found the NZ Super Fund did not properly address human rights issues in its investing.
In a decision last week, the court granted an application by the Palestine Solidarity Network for a review of NZ Super Fund’s ethical investment policies.
The network was concerned about investments in companies trading with illegal Israeli settlements, including Airbnb, Booking.com, Expedia and Motorola.
The Guardians of the NZ Super Fund are required to manage and administer it in a manner ...MORE»
Court ruling likely to concern KiwiSaver managersSunday, April 19th, 2:11AM
A High Court ruling last week against the NZ Super Funds’ sustainable investment policy is likely to concern KiwiSaver managers. MORE» |
Craigs buys up Dunedin-based fin planning firmFriday, April 17th, 8:58PM
Craigs signals a broader move into financial planning with the acquiisiton of a Dunedin-based firm. MORE» |
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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 »
Moneta: Strengthening KiwiSaver advice with digital tools from OMNIMax
KiwiSaver had always been part of client conversations at Moneta. But as compliance expectations increased and clients began expecting faster, clearer, and more digital experiences, the team saw an opportunity to enhance the way they delivered KiwiSaver advice. MORE »
NZX50 joins ASX200 lower as refinery fire weighs
Ebos came in for some selling ahead of next week’s investor day.
New Zealand’s S&P/NZX 50 index joined Australia lower as the fire at Viva Energy’s refinery in Geelong knocked energy companies on the other side of the Tasman and a resilient Aussie jobs market kept alive expectations for rate hike next month by the Reserve Bank of Australia.
Ebos Group was a drag on this side of the Tasman ahead of the health products maker’s big investor day ...MORE»
FMA takes pulse of KiwiSaver private assetsThursday, April 16th, 4:33AM
KiwiSaver managers are likely to expand their allocation to private assets in the coming years, the Financial Markets Authority says, but one investment adviser says there should be more demand for it than there is. MORE» |
Boyle gets dream gigTuesday, April 14th, 8:11PM 2 comments
David Boyle has been appointed as the new Retirement Commissioner takimng over from Jane Wrightson. MORE» |
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News Bites
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FMA to tackle Finfluencers
The Financial Markets Authority has joined regulators across the globe in a co-ordinated Global Week of Action Against Unlawful Finfluencers to tackle the risks involved with unlawful financial promotions by online influencers. 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»
Markets intepret OCR review to be on the hawkish side
Financial markets have interpreted the Reserve Bank’s official cash rate (OCR) decision as somewhat more hawkish than expected, pushing the Kiwi dollar higher while wholesale interest rates also rose. MORE»
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Fidelity postponses Engage
Fidelity Life postpones Engage 2026 to protect event quality and adviser experience. MORE»
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TMM Online
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Growth hindered for businesses and households
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Squirrel appoints fixed income heavyweight
Squirrel has appointed a Head of Managed Funds to drive further managed fund growth and innovation. MORE»
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FMA takes pulse of KiwiSaver private assets
KiwiSaver managers are likely to expand their allocation to private assets in the coming years, the Financial Markets Authority says, but one investment adviser says there should be more demand for it than there is. MORE»
