AFT leads NZ shares higher
AFT Pharmaceuticals led New Zealand’s share market higher after its new painkiller helped double the company’s annual net profit.
The S&P/NZX 50 Index rose 50 points, or 0.4%, to 11,316.46. Turnover was $92.6 million.
Oanda analyst, Jeffrey Halley said US market futures were up today but Asian investors were still cautious about the prospect of a recession.
“It is always worth taking Monday morning price action with a grain of salt and regional markets are probably placing more emphasis on a flat close by Wall Street,” ...MORE»
[The Wrap] Three things we learnt from the FMA Value for Money reportSaturday, May 21st, 3:18PM
Here are three things we learnt from the Financial Markets Authority Value for Money report. While there is some good stuff in the report there are also things the industry should be worried about. MORE» |
Fund managers silent on FMA’s hard-hitting fees and commissions reportFriday, May 20th, 8:28AM 1 comment
Fund managers were yesterday ducking for cover when asked for on-the-record comment on a scathing FMA report, released on Wednesday, about fees and commissions charged to investors in KiwiSaver and other managed fund schemes. MORE» |
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Ethical Investment conference and awards details
Mindful Money is planning to run its annual ethical investment conference and awards on June 28. More details here. MORE »
[WATCH] Dealing with drawdowns
Investors may be worrying about their current returns, but even if you had the best possible portfolio it is impossible to avoid drawdowns.
Castle Point portfolio manager, Stephen Bennie, speaking to Good Returns TV, shows that it is impossible to avoid periods of negative returns.
Bennie discusses how the best possible portfolio, God’s Portfolio, performed over 90 years using research conducted by US firm Alpha Architect.
The portfolio is made up of the 50 best-performing stocks and is rebalanced each year with stocks which will ...MORE»
FMA ramps up opposition to trail commissionsWednesday, May 18th, 9:19PM 1 comment
The Financial Markets Authority dishes out bouquets and brickbats to funds managers in a new report - but mainly brickbats. MORE» |
Are your clients happy?Wednesday, May 18th, 11:57AM 2 comments
I would postulate that many of your current clients are not happy. But that isn't necessarily due to your actions or inactions. MORE» |
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Flint Wealth gets responsible
Newly minted investment platform Flint Wealth embraces ethical investing. MORE»
GoodReturns TV
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[GRTV] April full interview
Investments
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Allbirds, from darling to disaster
In this article we have a look at why Allbirds listing has been such a wild ride. MORE»
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Cigna plans income protection offer for grads, tweaks eApp
Cigna New Zealand is working on an income protection offer aimed at young professionals who are new to the workforce. MORE»
TMM Online
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Another 50 point OCR jump forecast
There is near universal expectation that the base interest rate will go up by another 50 points on Wednesday. MORE»
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Brian Gaynor dies
One of the titans of New Zealand's capital markets, Brian Gaynor, passed away this morning after a brief illness. MORE»
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Voluntary savings continue in KiwiSaver – ASB
A significant minority of people are making voluntary contributions to their KiwiSaver schemes to take advantage of volatile market conditions, according to research by ASB. MORE»