NZX tracks US futures down as Gentrack misses expectations

After a solid start to May, New Zealand’s benchmark chased American futures down after credit ratings agency Moody’s stripped the United States of its triple-A rating.

The S&P/NZX 50 fell 1.23% on Monday to 12,629.07 points with more than 29.000 trades amounting to $100.5 million in value traded.

Senior research analyst at Craigs Investment Partners Mohandeep Singh said the downgrade to AA1 is likely weighing on the market by increasing the likelihood of a “choppy month”.

At 5pm, futures for the US blue-chip index, the S&P 500, were down 1.06% ...MORE»

Sold sign goes up on Consilium Monday, May 19th, 11:30AM  1 comment FirstCape has agreed to buy Consilium for an undisclosed sum. 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

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.

Article written by: Sam Arcand, Investment Analyst, Mint Asset Management

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. 

I define three broad categories of exposure and bucket ...MORE»

Calming influences Wednesday, May 14th, 7:36AM 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. 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»

News Bites

QuayStreet nabs another gong

QuayStreet Asset Management won the Diversified Growth Fund Manager of the Year at the INFINZ Awards, recognising outstanding long-term performance and excellence in portfolio management. MORE»

GoodReturns TV

[GRTV] Antipodes portfolio manager discusses emerging markets fund's potential amid volatility

Antipodes Portfolio Manager John Stavliotis discusses the opportunities in emerging markets, their strong growth potential and diversification benefits.  MORE»

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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Are life advisers expected to recommend the ‘best’ product?

[OPINION] Steve Wrights asks whether advisers should recommend the "best" product and asks what is best anyway? MORE»

TMM Online

Why did ANZ's adviser originated loans fall in the past six months?

TMM talks to ANZ chief executive Antonia Watson to find out why adviser originated loans fell in the past six months. MORE»

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Booster fills CCO position

Booster has appointed a new chief customer officer following the promotion of Diana Papadopoulos to chief executive. MORE»

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Generate KiwiSaver customers most satisfied

Boutique providers have taken out the top spots in Consumer New Zealand’s KiwiSaver survey with Generate awarded People’s Choice. MORE»