Middle East flare-up weighs on NZX50 as Willis maps path to early surplus
Mainfreight hit a two-month high as its earnings calmed fears about its outlook.
New Zealand’s S&P/NZX 50 index tapered off through the day as a series of strikes in the Middle East sapped optimism for a peace deal, which had already got mixed messages from President Donald Trump’s dissatisfaction with how negotiations were progressing.
Finance minister Nicola Willis unveiled her third budget, with a tight rein on the books set to return the government’s ...MORE»
Non-bank lender pushes into funds businessThursday, May 28th, 9:46AM
Non-bank lender Avanti Finance is looking to grow its funds management business. 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» |
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New fund range answers adviser call for flexible KiwiSaver alternative
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Pie Funds new global strategy is paying off
Pie Funds change of investment strategy is paying off with top placings in the latest Morningstar KiwiSaver report.
Founder and Chief Investment Officer Mike Taylor says a number of years ago he realised the investment process for global shares needed to change following some disappointing performance.
It's not the first time the firms global equities strategy has changed. Originally it was a fund of funds approach and later moved to in-house management and now to a new strategy which has a strong quantitative ...MORE»
NZX50 ekes out weekly gain as Serko shakes off gloom, Vista signs new customersFriday, May 22nd, 6:36PM
Tower had its worst week in almost nine years. MORE» |
Jarden restructuring opens door for boutiques, NZSA chief saysFriday, May 22nd, 3:32PM
The financial services space is going through broader consolidation. MORE» |
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News Bites
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Generate expands its private equity investments
Generate has made a new $20 million commitment into Icehouse Ventures’ Growth Fund III. 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»
What moving to New Zealand taught me about KiwiSaver
Mint Asset Management equity analyst Gonzalo Hernandez compares his Australian super experiences with KiwiSaver. MORE»
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New insurance comparison tool hits the market
KAN has revamped and relaunched the late Graeme Lindsay's Strategy insurance research business. MORE»
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TMM Online
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Aussie private credit deal for Finbase
Australia listed Challenger has finalised a $150 million capital partnership with Auckland-based mortgage lender Finbase MORE»
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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»
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KiwiSaver balances lift but some members left behind
New data from the Retirement Commission shows balances have increased year-on-year, but some people are still being left behind. MORE»
