Blue chips drag NZX50 higher as RBA hikes cash rate in close call

Nvidia’s Jensen Huang helped calm some of the nerves about tech.

New Zealand’s S&P/NZX 50 index staged a late rally as heavyweight stocks including Infratil and Fisher & Paykel Healthcare buoyed the benchmark, with Asian markets bolstered by Nvidia chief Jensen Huang’s projection of selling US$1 trillion of chips over the next two years.

The trans-Tasman markets had tapered off in the run-up to the Reserve Bank of Australia’s policy review, ...MORE»

Investment Roundup: Which Asset Classes Have Been Topping the Table? Monday, March 16th, 5:38PM A look across the Mercer Periodic Table of investment returns, from global equities and bonds to commodities, property and cash. MORE»

What did reporting season teach us about software and AI? Monday, March 16th, 10:54AM Can software businesses survive the threat of AI and perhaps even benefit from it? That is the central question facing equity investors in the sector today, and one that the February reporting season began to meaningfully answer. MORE»

Tariffs, Tehran and Turbulence

Key market movements

 



Global equities navigated a multi-faceted landscape, delivering solid   returns over the month. The MSCI ACWI rose 2.1% in NZD terms and 1.4% for NZD‑hedged investors, with markets continuing to rotate away from mega-cap US technology names.

New Zealand and Australian equities also performed well. The S&P/NZX 50 gained 2.3%, supported by an encouraging ...MORE»

SBS readies to expand into adviser market Tuesday, March 10th, 8:55AM SBS is expanding its long-held direct-to-consumer model to start working with third-party advisers, too. MORE»

Aurora moves management of KiwiSaver inhouse Tuesday, March 10th, 7:27AM Maangement of the Aurora KiwiSaver Scheme is being moved inhouse from FundRock. MORE»

News Bites

PAA Legacy Trust supports FANZ

Financial Advice New Zealand (FANZ) has entered a long term strategic partnership with the PAA Legacy Trust to support further development of Campus, its adviser-led, professional development hub designed to deepen capability across the financial advice profession. MORE»

GoodReturns TV

Fisher Funds moves to woo advisers back

After years of neglecting the adviser market, the investment manager is going on the charm offensive.   MORE»

Investment Roundup: Which Asset Classes Have Been Topping the Table?

A look across the Mercer Periodic Table of investment returns, from global equities and bonds to commodities, property and cash. MORE»

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Customers doing it tough, Partners postpones conference

Customers are doing it tough, Partners Life says, and it is not appropriate to hold a conference this year. MORE»

TMM Online

Where to for mortgage advisers?

Pivot will be the key word for the mortgage industry this year. MORE»

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Haven focusses on adviser growth

Haven focusses on adviser development with the appointmentof a head of adviser growth and success. MORE»

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Advising on KiwiSaver can create "a moat" for adviser's businesses: Generate

Generate says providing advice on KiwiSaver can help create “a moat” around an adviser’s business. MORE»