Pathfinder Asset Management brings a new and unique approach to investment funds management in New Zealand. Our vision is to promote effective and flexible building blocks for a sound strategic asset allocation process.
We also strongly believe in transparency, accountability and alignment of interest. Pathfinder does not pay any commissions to intermediaries. We disclose our fees, the size of our funds and how we manage your money. The principals of Pathfinder also invest alongside investors and are significant investors in all of our funds.
In this 3-part commentary John Berry will overview socially responsible investing. Part One looks at what it is and how it’s evolving.MORE»
Imagine you’re seeing your doctor or lawyer and they tell you “just so we are clear, my duty is to put your interests first… but I won’t necessarily be acting in your best interests.” How would you feel? Comforted and relieved? Or surprised and confused? In this commentary John Berry looks at a financial adviser’s duty to place the interests of the client first (but not to act in the client’s best interests). What does this mean? Is it what clients expect?MORE»
According to Blackrock the world needs to build US$57 trillion of new infrastructure by 2030 – a huge amount that governments cannot finance alone. Combine infrastructure demand, financing needs and relatively stable long term returns, and it is easy to understand why interest in infrastructure investment continues to grow.MORE»
The United Kingdom will soon vote to either stay in, or leave the European Union. Pathfinder's John Berry looks at this important referendum and discusses what it means for markets and investors.MORE»
The interest rate outlook has shifted from “lower for longer” to now “very low for very long”.MORE»
Investors typically regard equities, bonds and cash as the primary asset classes. But there are a number of other peripheral assets which fall under the “alternatives” catch-all. In this commentary John Berry from Pathfinder looks at PIE managed fund “alternatives” that New Zealand investors can include in portfolios.MORE»
Would you buy clothes from a shop whose staff wouldn’t be seen wearing their own brand? Or dine at a restaurant where the chef wouldn’t want to eat? Would you think twice about investing in a company’s shares where the CEO doesn’t want to invest? So how do you feel about investing in a fund where the portfolio manager chooses not to invest?MORE»
Intuitively we’d expect active managers to perform better than the market. Active managers should be smarter, more responsive and adaptable. They should pick winners, avoid losers and react to downturns. Do actual investment outcomes support this?MORE»
Regulatory change is painful and time consuming for financial advisers and fund managers. But it is generally accepted that change for fund managers is needed, particularly around disclosure and fees.MORE»
There are several discussion topics that are absolutely guaranteed to generate a lot of comment on websites like Good Returns. Performance fees, Active/passive management and currency hedging. Pathfinder director Paul Brownsley presents his view on currency hedging.MORE»
Vertical fund managers control the entire investment “ecosystem” - from manufacturing fund product through to advising the end investor. This means the fund manager can be a “one stop shop” providing the (supposedly) perfect client solution, isolated from any alternatives. It makes great business sense – but does it make sense for investors?MORE»
In the second part of the Questions to ask fund managers, Pathfinder principal John Berry considers questions around investment management.MORE»