NZX50 extends decline for 5th week as Trump plans to hit Iran hard

KMD held above its deeply discounted offer price in its trading return.

New Zealand’s S&P/NZX 50 index fell for a fifth week as hopes faded for a swift end to the Middle East conflict as US President Donald Trump’s national address ratcheted up the rhetoric instead of laying out an expected exit from Iran.

KMD Brands was at the bottom of the leaderboard for the week as the shares more than halved, despite only coming back to trade on Thursday, after completing ...MORE»

Bond funds likely to deliver out-sized returns: Amova Wednesday, April 1st, 7:07AM 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. 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

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.

Releasing the findings of its Access to Financial Advice review at the Financial Advice New Zealand (FANZ) Conference in Auckland, FMA chief executive Samantha Barrass said the review revealed a range of structural, cultural and operational barriers across the advice landscape.

One key finding was that that many providers remain uncertain about how to tailor the nature and scope of their advice, she ...MORE»

What KiwiSaver changes do managers agree on? Tuesday, March 24th, 6:09AM  3 comments 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»

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»

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»

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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»

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FANZ acknowledges top advisers

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

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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»