NZX50 falls 0.6% this week as Middle East concerns weigh
Deals dominated the week as Green Cross and Heartland surged.
New Zealand’s S&P/NZX 50 index declined in a shortened trading week with Vista Group International, Serko, KMD Brands and Vulcan Steel at the bottom of the leaderboard as tensions in the Middle East and elevated oil prices continue to keep investors on edge, while local data painted a mixed picture of the domestic economy.
Green Cross Health enjoyed its best week since August 2009 after ...MORE»
SpaceX - The IPO That Rewrote the RulebookFriday, June 5th, 4:14PM
SpaceX is targeting a $1.8 trillion valuation in what would be the largest IPO in history, and the sheer scale of the listing may reshape how major stock indices work. MORE» |
New fund tool to compare KiwiSaver returns, connect advisersThursday, June 4th, 8:01AM
A new fund finder tool is designed to offer a more user-friendly way for people to compare their KiwiSaver options. MORE» |
Sponsored Content
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 »
Non-bank lender pushes into funds business
Non-bank lender Avanti Finance is looking to grow its funds management business.
Avanti is one of the largest non-bank lenders in New Zealand with assets of around $3.7 billion. Chief executive Fred Ohlsson says it has seen strong growth in the past couple of years and its market share in the non-bank mortgage lending market is around 25%.
Traditionally, Avanti has used warehouse facilities from banks and securitisation as its funding methods.
While Westpac is the key player ...MORE»
KiwiSaver balances lift but some members left behindTuesday, May 26th, 6:24AM
New data from the Retirement Commission shows balances have increased year-on-year, but some people are still being left behind. MORE» |
Pie Funds new global strategy is paying offMonday, May 25th, 10:17AM
Pie Funds change of investment strategy is paying off with top placings in the latest Morningstar KiwiSaver report. MORE» |
|
News Bites
|
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»
|
GoodReturns TV
|
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 - The IPO That Rewrote the Rulebook
SpaceX is targeting a $1.8 trillion valuation in what would be the largest IPO in history, and the sheer scale of the listing may reshape how major stock indices work. MORE»
|
Sponsored by: |
|
Fidelity exec to become Apex CEO
Fidelity Life has reshaped its leadership team following the departure of an executive. MORE»
|
TMM Online
|
Which banks did the most lending in 1st quarter; and who slowed down
Kiwibank appeared to take its foot off the accelerator on mortgage lending in the March quarter after a string of quarters of lending above its market share which reached almost 8% at March 31. MORE»
|
Sponsored by: |
|
Changes at the top for Fishers
Fisher Funds has announced two changes to its executive team, with its Chief Client Officer resigning and its Chief Investment Officer moving to a new role. MORE»
|
Sponsored by: |
|
New fund tool to compare KiwiSaver returns, connect advisers
A new fund finder tool is designed to offer a more user-friendly way for people to compare their KiwiSaver options. MORE»
