Auckland Airport shares drop on runway delays as NZX dips 0.61%

A runway delay at Auckland Airport has kept the NZX in the red as markets across the ditch continued their rebound.

The S&P/NZX 50 ended the day 0.61% down on 12,025.450 points, adding to Monday's losses and remaining about 2% down for the month.

The Australian benchmark, the S&P/ASX 200, was up 0.86% by 5pm after topping its highest level in eight weeks and locking in a full recovery from the fallout sparked by so-called “Liberation Day” on April 2.

News continued to rush in from the United ...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 Monday, April 28th, 8:15AM 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. MORE»

Rear view mirror: Equities took pole position as offshore exposure turbo-charged 2024 investor returns

While it’s been a bumpy start to 2025, global markets experienced a heady ride in 2024, shaped by a mix of cautious economic recovery, geopolitical tensions, technological progress and changing monetary policies. Investors of nearly all persuasions came out winners, especially those with international allocations. Equity market investors celebrated double-digit gains, while in most cases conservative ...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»

Milford's KiwiSaver shines while ANZ enjoys a rare March qtr Wednesday, April 23rd, 8:39AM 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»

News Bites

TA Associates deal to buy Craigs stake clears hurdles

Craigs Investment Partners shareholder have approved a proposal to sell a 50% share in the company to global private equity firm TA Associates. 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

Diminishing KiwiSaver balances tip up first home buyers

Mortgage brokers say they are hearing from many first-home buyers wondering what to do about the slump in their KiwiSaver balances caused by US President Donald Trump's tariff war. 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»