Harbour Outlook: An inflection point to come for earnings?
The US economy may finally be starting to crack. Business surveys suggest the services sector is now contracting and real-time measures of Q1 GDP suggest the economy is in retreat. Retail sales were unexpectedly weak, and consumer confidence has dropped. The housing market is also showing signs of strain with both housing starts and sales dropping.
Key market movements
- Global equities were marginally positive in unhedged New Zealand dollar terms in February, with the MSCI All Country World Index (ACWI) increasing 0.3%. With the NZD losing previously made ground, returns in hedged terms were -0.8% for the month.
- Locally, the New Zealand equity market continued to weaken with the S&P/NZX 50 Gross...MORE»
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New Zealand Equity Monthly October 2024
Start of rate-cutting cycle provides promising signs for New Zealand equities MORE »
Active or Passive? How about the best of both worlds
Passive investing revolutionised the investment management industry, which up until its advent, had been dominated by active fund managers who would generally employ market timing or security selection strategies aimed at outperforming the ‘market’. MORE »
Sheep Sheds and Credit Spreads
Saturday, March 15th, 6:04AMMint Asset Management investment analyst Ryan Falls reckons, well his Dad reckoned, he was not got at counting sheep on the family farm. But with hard work and having a good framework things have changed.
MORE»[GRTV] Tiger FinTech’s Greg Boland on market shifts and NZX struggles
Thursday, March 13th, 6:04AMGreg Boland of Tiger FinTech discusses the fading dominance of the Magnificent Seven stocks, a shift to energy and AI-app companies, and the NZX’s struggles.
MORE»Opportunity knocks - the case for further asset sales.
Monday, March 10th, 5:46PMThe debate about asset sales has recently been thrust into the political limelight, with David Seymour vocalising the need to reconsider privatisation.
MORE»Commercial real estate in 2025: primed for recovery
Thursday, March 6th, 9:50AMAs we move towards the end of the first quarter of 2025, we are seeing green shoots appear as the economy shows growing signs of life, aligned with our views of a gradual economic recovery which is expected to pick up pace into the second half of this year.
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Sponsored by: No lid on KiwiSaver fees as balances grow
Wednesday, March 5th, 6:00AM 1 commentAs KiwiSaver balances continue to swell the scheme is becoming a cash cow for investment managers, prompting one industry observer to question why there is not more downward pressure on fees. MORE»
Lock-up vs liquid: why a KiwiSaver cornerstone could change
Wednesday, February 19th, 8:08AM 3 commentsWith confidence in KiwiSaver underpinned by members’ ability to switch funds types and providers at a drop of hat, just how that will marry with long-term investment in potentially illiquid private assets remains in question. MORE»
KiwiSaver market share leader ANZ at bottom of performance table
Thursday, February 6th, 9:08AMThe latest Morningstar KiwiSaver report shows the largest provider, ANZ with $22 billion under management, continues to be outperformed by most other providers in the core diversified fund categories. MORE»
KiwiSaver members open to sacrificing more for future gain
Friday, January 31st, 8:55AMThere appears to be an appetite among KiwiSaver members to take home less pay now in order to boost their retirement savings, according to a survey by investment platform Sharesies MORE»
Appeal of one-stop shop helps drive Sharesies’ KiwiSaver growth
Friday, January 17th, 10:46AMSharesies is a recent arrival on the KiwiSaver scene but says it’s finding favour with customers who access all their investments in one place. MORE»
Simple still best amid growing investment literacy
Friday, January 10th, 6:00AMKiwiSaver members will likely be keeping a closer eye on their balances as their pot grows but for most a straightforward management approach remains the best fit, says Milford Asset Management’s Head of KiwiSaver and Retail. MORE»
“Heartbreaking” hardship applications a challenge for KiwiSaver providers
Tuesday, December 17th, 9:17AMKiwiSaver providers are questioning whether they are adequately equipped to deal with hardship applications, with some wanting to see a centralised service established for savers who need to access their funds. MORE»
KiwiSaver assets grow to $117.6 bill
Tuesday, November 12th, 3:54PMThe KiwiSaver pot grew by $7 billion to $117.6 billion in the third quarter of this year with QuayStreet, Milford and Generate highlighted as some of the strong performers over the long term. MORE»
