Early days, but NZ Super's machine-learning fund outperforms
The New Zealand Superannuation Fund’s new machine-learning portfolio of New Zealand shares has exceeded expectations and managed to outperform its internally and actively managed NZ equities portfolio.
The New Zealand Superannuation Fund’s new machine-learning portfolio of New Zealand shares has exceeded expectations and managed to outperform its internally and actively managed NZ equities portfolio.
It is early days, with the machine-learning fund only about two years old and NZ Super having a very long-term perspective, but it is growing in confidence about the strategy’s usefulness, ...MORE»
KiwiSaver market share leader ANZ at bottom of performance tableThursday, February 6th, 9:08AM
The latest Morningstar KiwiSaver report shows the largest provider, ANZ with $22 billion under management, continues to be outperformed by most other providers in the core diversified fund categories. MORE» |
Retirement savings targets could be overblownWednesday, February 5th, 1:07PM
Retirees’ spending tends to slow as they age which should challenge some assumptions about the need for an intimidatingly-large sized pot of retirement savings, according to the New Zealand Society of Actuaries. MORE» |
Sponsored Content
Xceda adds another string to its bow
Reserve Bank licensed deposit taker Xceda is starting to broaden out its loan products offering. MORE »
New Zealand Equity Monthly October 2024
Start of rate-cutting cycle provides promising signs for New Zealand equities MORE »
Non-banks still need to prove their worth despite govt backing
Non-bank deposit takers both new and old will have to compete for the attention of advisors even with the backing of the government’s incoming insurance scheme for deposits.
Non-bank deposit takers both new and old will have to compete for the attention of advisors even with the backing of the government’s incoming insurance scheme for deposits.
Due to come into effect midway through 2025, the Deposit Compensation Scheme will guarantee deposits to a value of $100,000 for each customer per licensed deposit taker, with the aim of boosting confidence in the financial ...MORE»
Luxon sacks FEC chair Stuart Smith without explanationSunday, February 2nd, 6:57PM
The chair of parliament's finance and expenditure committee (FEC) changed last week without any formal announcement or explanation, casting doubt on whether the government's intentions to make meaningful changes to the banking sector. MORE» |
Switching banks takes a huge chunk of mortgage moneyThursday, January 30th, 10:01AM
Nearly a quarter of all mortgages loaned in December went to borrowers switching banks – an increase of 94.8% over a year. MORE» |
News Bites
|
TAPping into AI
The Adviser Platform (TAP) has launched an AI-powered tool to help financial advisers save time preparing client advice. MORE»
GoodReturns TV
|
[GRTV] Stronger and more unified voice needed to force KiwiSaver changes
The Retirement Commissioner Jane Wrightson talks to Philip Macalister about changes she would like to see made to KiwiSaver. MORE»
Harbour Outlook: So much for the Christmas rally
December saw mixed market movements influenced by currency shifts, central bank actions, and economic trends, shaping the investment outlook for the months ahead. MORE»
![]() |
Sponsored by: |
|
Resolution Life completes Asteron purchase
Resolution Life has finalised its $410 million acquisition of Asteron Life New Zealand from Suncorp Group, making it one of the largest players in New Zealand's life insurance sector. MORE»
TMM Online
|
Next big issue for mortgage advisers
The question hovering on mortgage advisers’ lips is when they should start pointing clients to longer fixed interest terms on their mortgages. MORE»
![]() |
Sponsored by: |
|
Aurora Capital gets two fishers
Aurora Capital, the country’s fastest-growing KiwiSaver provider, has a new leadership team which includes two former Fisher Funds staffers. MORE»
![]() |
Sponsored by: |
|
KiwiSaver market share leader ANZ at bottom of performance table
The latest Morningstar KiwiSaver report shows the largest provider, ANZ with $22 billion under management, continues to be outperformed by most other providers in the core diversified fund categories. MORE»