New managed fund offering targets savers

A new managed fund spearheaded by an ex-Fisher Funds manager aims to offer savers an alternative to banks promising retail access to wholesale rates.

A new managed fund spearheaded by an ex-Fisher Funds manager aims to offer savers an alternative to banks promising retail access to wholesale rates.

“New Zealanders have been missing out on billions of dollars in interest every year through essentially having their money in these really low interest bank accounts,” says Wedge Managing Director David McLeish, who was head of fixed income ...MORE»

Craigs’ 50% stake sale complete Wednesday, April 30th, 12:00PM Investment firm Craigs has confirmed the sale of half of the company to global private equity firm TA Associates is now complete and takes effect from today. MORE»

Kernel takes on Sharesies (and others) Tuesday, April 29th, 6:00AM Kernel Wealth has transformed from an index fund manager into an investment platform taking in the likes Shareies and Hatch. MORE»

Generate expands investment options with 6 new funds

Generate is expanding its offering with the launch of six new retail funds – three KiwiSaver funds and three managed funds –designed to give investors greater choice and more flexibility to build long-term wealth.

"Kiwis are becoming more financially savvy and are seeking investment options that support their long-term goals without the complexity of managing investments themselves. These new funds provide greater variety, strategic diversification, and access to expert fund managers," Generate chief executive Henry Tongue says.

Generate is creating new KiwiSaver versions of their Australasian and ...MORE»

Rear view mirror: Equities took pole position as offshore exposure turbo-charged 2024 investor returns Saturday, April 26th, 10:27AM MORE»

ANZ refreshes its investment beliefs Thursday, April 24th, 6:00AM  1 comment ANZ Investments, the biggest KiwiSaver provider, has had a rethink of its investment beliefs and made changes to how it manages funds. MORE»

News Bites

Craigs’ 50% stake sale complete

Investment firm Craigs has confirmed the sale of half of the company to global private equity firm TA Associates is now complete and takes effect from today. MORE»

GoodReturns TV

[GRTV] Antipodes portfolio manager discusses emerging markets fund's potential amid volatility

Antipodes Portfolio Manager John Stavliotis discusses the opportunities in emerging markets, their strong growth potential and diversification benefits.  MORE»

Sky TV's Rights Negotiation goes into Extra Time

Price increases are never welcome but sometimes, on rare occasions, we can soften that blow by offsetting ourselves in the market. For instance, accepting a 12-14% insurance premium increase from your insurer Tower is a lot easier to digest when your Tower shares return over 120% in the same year. For the good of the shareholders, you start to say… MORE»

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Non-PHARMAC medicines coverage – aiming for a data-informed evaluation

Non-PHARMAC coverage has become increasingly important to clients purchasing private health insurance, primarily due to rising public demand for treatments and medications not funded by PHARMAC (the government agency overseeing public pharmaceutical purchasing and subsidy). MORE»

TMM Online

Further interest rate falls not on the cards

ANZ economists say the bulk of mortgage interest rates falls has likely ended, barring any major surprises. MORE»

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Generate promotes one of its distribution team

Generate appoints Marc Grigg as national investment distribution manager. MORE»

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Milford's KiwiSaver shines while ANZ enjoys a rare March qtr

Milford Asset Management’s KiwiSaver funds enjoyed a better performance than all other KiwiSaver funds in the March quarter but returns were generally poor, the latest Melville Jessup Weaver survey shows. MORE»