NZX50 slips as mood sours of tech
Infratil was joined by the local software companies in pacing declines.
New Zealand’s S&P/NZX 50 index fell as a globally souring sentiment on tech stocks weighed on Infratil and local software firms Serko, Vista Group International and Gentrack, with Asian technology companies on edge ahead of earnings from Taiwan Semiconductor Manufacturing Co.
Ryman Healthcare was among those on the red side of the ledger after the retirement village operator said ...MORE»
Partners Life grabs Chubb's COOThursday, January 15th, 11:34AM
Chubb's chief operating officer moves to competitor Partners Life. MORE» |
Kiwimonster offers advisers KiwiSaver insightsWednesday, January 14th, 6:00AM
A new tool will give advisers more information to help them make KiwiSaver decisions with their clients. MORE» |
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Another player enters market to buy FAPs
The New Zealand financial advice market is facing a “perfect storm” and one firm is planning to take advantage of it.
Profsee, which acquired education provider Dacreed, is looking to raise $10 million to start acquiring financial advice firms across the country and sectors. Currently, it Is looking to raise $2 million of that sum on the Catalist platform.
It says financial advice in New Zealand largely uses outdated tech. “Professional advice is often slow, expensive, and inaccessible.”
“Many ...MORE»
Marloo continues bringing in more financial advisersThursday, January 8th, 8:16AM
AI platform Marloo has signed a strategic partnership with Pie Funds that will further broaden its reach across New Zealand’s financial advice sector. MORE» |
Record close for NZX50 as F&P Healthcare buoys marketWednesday, January 7th, 6:08PM
Softer than expected Australian inflation cooled bets on an RBA rate hike. MORE» |
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News Bites
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Castlepoint funds take unexpected hit
Two of Castlepoint's funds have taken an unexpected hit following accounting irregularities in one of their long term holdings, Corporate Travel Management (CTD). 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»
Outlook for 2026: Not Pear-Shaped but K-shaped
After a buoyant 2025, what does 2026 have in store for the economy and markets? MORE»
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Partners Life grabs Chubb's COO
Chubb's chief operating officer moves to competitor Partners Life. MORE»
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TMM Online
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Mortgage rates are again sneaking higher
Stimulatory mortgage rates positive for economic recovery but risks remain. MORE»
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Craigs appoints Head of Investment Strategy Group
Craigs Investment Partners poaches senior NZ Super Fund manager to head its newly formed Investment Strategy Group. MORE»
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Kiwimonster offers advisers KiwiSaver insights
A new tool will give advisers more information to help them make KiwiSaver decisions with their clients. MORE»
