F&P Healthcare rally pushes shares higher
Fisher & Paykel Healthcare led the market higher as it recovered from a heavy bout of profit-taking after its annual result on Wednesday.
The S&P/NZX 50 Index rose 37.81 points, or 0.3 percent, to 12,639.83. Within the index, 29 stocks fell, 16 rose and five were unchanged. Turnover was $137.9 million, a lighter volume due to the Thanksgiving holiday in the United States.
Portfolio manager at Milford Asset Management Sam Trethewey said the medical device manufacturer was bouncing back after investors cashed in capital gains following ...MORE»
Kernel finishes first year with capital raiseFriday, November 27th, 7:04AM
Index fund provider has completed its first year with a capital raise and appointment of new staff. MORE» |
Nikko AM disrupts KiwiSaver market with high performing ARK fundThursday, November 26th, 6:15AM
The latest offering from Nikko AM provides exclusive KiwiSaver access to the ARK Disruptive Innovation Fund. MORE» |
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It’s time to level up and address the needs of the modern investor
As financial service providers (FSPs) try to navigate a post-pandemic world, it’s clear that business models need to be restructured around shifting customer demographics and market influences. MORE »
Swan flies in; Graham lands new gig
Yesterday we reported on who landed the AMP Capital managing director role, today we tell you were the former MD is going.
Outgoing AMP Capital managing director, Bevan Graham, is joining Salt Funds Management as the firm’s economist.
"This move is part of Salt’s ongoing commitment to its clients as we continuously seek to ensure that we understand their values and strive to achieve the financial outcomes they desire," Salt managing director, Paul Harrison says in a statement.
"A key part ...MORE»
AMP Capital insider flies into top jobWednesday, November 25th, 6:07AM
AMP Capital named its new managing director to replace Bevin Graham. MORE» |
NZ investors targeted by scammers: Why advisers need to take noteTuesday, November 24th, 5:57AM
A recent FMA report revealed that more NZ investors are becoming the target of scammers. Industry insiders say advisers would do well to be on their guard. MORE» |
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Pathfinder wins big at the 2020 Sustainable Business Awards
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[GRTV] Financial advice transformed my life: Shanks
Financial Advice New Zealand chief executive Katrina Shanks says getting her own financial adviser has transformed her life. MORE»
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AMP's move to passive creates opportunities for active managers
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Why life expectancy has improved – and how much further we can go?
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TMM Online
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DTIs: what do advisers think?
Mortgage advisers are unconvinced that the Reserve Bank's plan to introduce debt-to-income ratios will reduce risk and fix the housing market. MORE»
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Swan flies in; Graham lands new gig
Yesterday we reported on who landed the AMP Capital managing director role, today we tell you were the former MD is going. MORE»
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Juno to increase KiwiSaver fees, not pursuing default status.
Juno KiwiSaver funds are increasing fees for some clients, not going to pursue default provider status. MORE»
