Sold sign goes up on Consilium

FirstCape has agreed to buy Consilium for an undisclosed sum.

Under the deal Consilium will remain its own brand within the FirstCape Group to ensure continuity for Consilium’s existing clients.

"This acquisition aligns with our strategic vision and strengthens our commitment to providing comprehensive wealth and asset management solutions for our clients," FirstCape chief executive Malcolm Jackson says in a statement. "Both Consilium and ...MORE»

Another global fixed interest manager comes to town Saturday, May 17th, 1:45PM New Zealand investors and advisers are about to get access to get another large, global fixed interest manager. MORE»

Trade Walls, Profit Falls: NZX 50’s Tariff Exposure Unpacked Saturday, May 17th, 6:00AM The Trump administration’s tariff strategy is a hot topic in the investment world. At Mint, we’ve had our fair of discussions. To help you make sense of the nonsense, in this article, I provide a framework of tariff exposure for every NZX50 company. MORE»

Calming influences

April was another volatile month for financial markets, but one that in the end produced a relatively benign outcome for investors. Trade developments were front and centre, with the angst around “Liberation Day” replaced by relief as Donald Trump announced a 90-day pause for trading partners to negotiate trade deals.

By Greg Smith, Head of Retail at Devon Funds

April was another volatile month for financial markets, but one that in the end produced a relatively benign outcome for investors. Trade developments were front and centre, with the angst around “Liberation Day” replaced by relief as Donald Trump announced a 90-day pause for trading partners to negotiate trade deals. Frictions with China also ...MORE»

AI use in weapons a growing concern for ethical investors Monday, May 12th, 9:03AM Local ethical fund manager Pathfinder is among other ethical players globally grappling with the all new conundrums created by the rapid growth of AI  - the development of AI-powered weapons systems becoming the latest issue to raise a red flag. MORE»

NZ financial system holding up, but global risks growing Friday, May 9th, 11:39AM Despite global uncertainty—including rising geopolitical tensions and fresh US tariffs—New Zealand’s financial system remains stable, according to the Reserve Bank’s latest Financial Stability Report. MORE»

News Bites

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Trade Walls, Profit Falls: NZX 50’s Tariff Exposure Unpacked

The Trump administration’s tariff strategy is a hot topic in the investment world. At Mint, we’ve had our fair of discussions. To help you make sense of the nonsense, in this article, I provide a framework of tariff exposure for every NZX50 company. MORE»

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