NZX50 dips as Fed gets investors thinking about rate hikes
The local economy grew at a solid clip before the global energy shock.
New Zealand’s S&P/NZX 50 index was dragged lower by blue chip companies such as Mainfreight, Auckland International Airport and Meridian Energy as the US Federal Reserve’s focus on inflation prompted investors to prepare for rate hikes later this year.
Meanwhile, Statistics New Zealand’s March quarter gross domestic product figures showed the economy started the year in good ...MORE»
Today's retirees feeling priced out of retirementThursday, June 18th, 1:30PM
New Zealand retirees are being squeezed financially from multiple directions at once, leaving little room to move on fixed incomes, a new survey from Lifetime Retirement Income shows. MORE» |
Pathfinder commits more funds to climate VC firmWednesday, June 17th, 4:15PM
Pathfinder has become the first institutional investor in climate-tech venture capital firm Motion Capital, committing funds that have helped lift the manager's debut fund to $27.2 million. MORE» |
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Making Investment Advice Easier for Clients to Understand
Clients don’t all absorb information in the same way, some need visuals while others prefer numbers and detail. Many need both before they feel confident to make a decision. MORE »
New fund range answers adviser call for flexible KiwiSaver alternative
Booster’s Wealth Series is the Wellington-based fund manager’s answer for investors looking to combine a level of active management with competitive value. MORE »
NZX50 climbs 1.8% this week on prospect of Middle East peace
The countdown is on to SpaceX’s debut.
New Zealand’s S&P/NZX 50 index ended the week on a strong note as the US and Iran moved closer to a potential ceasefire after President Donald Trump called off planned strikes and said a deal could close as early as this weekend, pushing oil prices lower and reviving investors’ demand for riskier assets.
That comes ahead of the much-anticipated SpaceX debut after it raised US$75 billion ...MORE»
NZX50 climbs 1.8% this week on prospect of Middle East peaceFriday, June 12th, 7:02PM
The countdown is on to SpaceX’s debut. MORE» |
NZX50 climbs 1.8% this week on prospect of Middle East peaceFriday, June 12th, 7:02PM
The countdown is on to SpaceX’s debut. MORE» |
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News Bites
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Summit to examine financial advice policy, regulation, and professional standards
Financial Advice New Zealand is launching an Advice Policy Summit in conjunction with the Financial Planning Standards Board Asia Pacific Forum. MORE»
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GoodReturns TV
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Fisher Funds moves to woo advisers back
After years of neglecting the adviser market, the investment manager is going on the charm offensive. MORE»
SpaceX and the South Sea bubble - the historical parallels
The proposed IPO of SpaceX at a valuation reportedly approaching US$1.8 trillion prompts comparison with one of history's greatest speculative manias. MORE»
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Health and life insurers out of climate reporting
Health and life insurers will not face enforcement action if they fail to lodge climate statements while legislation removing them from New Zealand’s climate reporting regime makes its way through Parliament. MORE»
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TMM Online
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Brand awareness and tech the big issues for merged banks
Technology is going to be the key for the proposed TSB Heartland Bank to become a major challenger of scale with a regional focus. MORE»
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SFS Private Wealth appoints Managing Director, Regional Clients
SFS Private Wealth has appointed a Managing Director, Regional Clients to strengthen its presence across regional New Zealand. MORE»
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Adviser complains about KiwiSaver campaign
[UPDATED - ASB response] A financial adviser worried about ASB’s marketing campaign for its KiwiSaver schemes has taken his complaint to the Financial Markets Authority. MORE»
