Devon Funds Management Limited ("Devon") is an independent investment management business that specialises in building investment portfolios for their clients that are comprised of companies listed on the New Zealand and Australian stock exchanges.
Devon's approach is an active one where their rigorous research and analytical skills are applied to maximum advantage.
Devon's highly qualified and experienced investment team is committed to helping investors achieve their investment results. Devon believes their advantage lies in their people - a dedicated team of investment professionals with over 100 years combined experience in the investment industry both within Australasia and further afield. They've worked hard to assemble the right talent with the necessary skills and experience to manage their client's portfolios.
Lessons from a silent housing crash
It certainly has been a rollercoaster ride for the economy and markets over the past four years.
MORE»Air New Zealand – brightness on the horizon?
It is no secret that the airline industry has faced a turbulent time in recent years, with participants halted for long periods during the pandemic, and making large losses.
MORE»Still in charge
Globally, March was a robust month for markets.
MORE»The bulls are back
Globally, most stock markets have made a strong start to the year, Leading the way has been the US indices, with the S&P500 rallying 3.3% in January, making new record highs, as did the Dow Jones which went through 38,000 for the first time ever.
MORE»What does the rest of 2024 have in store?
Equity markets are through the first month of 2024 and have largely started off the year where they finished 2023 – on the front foot. How will the rest of the year play out? We outline our projections for the remaining 11 months ahead.
MORE»Animal spirits - global stock markets have closed out their best month in several years, but can the rally continue?
The early promise of November (that was a feature of last month’s article) played out in earnest as stock markets had their best month in a long time, and in some cases years.
MORE»Are equity markets due for a strong finish this year?
Good things come to those that wait – after a challenging few months, stock markets have started November brightly. With inflation getting under control, many central banks cooling their jets, and bond yields easing, are equity markets in for a strong end to 2023?
MORE»A better quarter in store?
After a challenging September, and subdued start to October, are markets still in for a seasonally stronger final quarter of 2023? Inflation has fallen sharply in the US and Europe, while there may also be some locally driven tailwinds for the kiwi market.
MORE»Contrasting, but productive, times
The last few six weeks or so have been a contrasting period for markets with concerns over global economic growth, the persistence of inflation, and central bank tightening largely easing the more as time has worn on. The earnings season in the Northern Hemisphere finished up largely positive, while that down under was somewhat disparate.
MORE»Buying the soft-landing scenario
The month was a strong one for markets again. The S&P500 gained 3.2%, to record the fifth consecutive month of gains, the longest such run in two years.
MORE»Seeing the light
Several global markets have enjoyed very strong performances in June and so far this year. NZ and Australian markets have delivered positive performances but have lagged in comparison. Index performances are though but a yardstick for astute active investors.
MORE»Heading in the right direction
As we move towards the half-way stage of the year, two drivers of equity market volatility – inflation and interest rates – appear to be largely heading for calmer waters.
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