[Weekly Wrap] Money on the move
Two funds management empires fall, while a new one is built.
It wasn't that long ago AMP Capital and ANZ where the biggest players in the wholesale funds management world. Now they are no longer. Meanwhile, in retail land First Cape emerges as one of the biggest players.
ANZ’s announcement, last week, that it is to close down its $3 billion- plus wholesale business has surprised and disappointed many in the funds management industry.
It’s not ...MORE»
[GRTV] Richard Klipin reflects on time at FSCThursday, May 9th, 9:10AM
Richard Klipin signs off as Financial Services Council (FSC) chief executive this week, he talks to Philip Macalister about his achievements and his thoughts on financial advice. MORE» |
QuayStreet and Generate prominent in Morningstar’s latest KiwiSaver resultsWednesday, May 8th, 5:59AM 1 comment
KiwiSaver assets increased, owing significantly to market movements, to end the March quarter at $108.6 billion, up $4 billion from the end of last year. MORE» |
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Veteran financial adviser offers new coaching service for financial advisers
There’s a saying that old dogs never die - they simply fade away. Long-time financial adviser David Pine from Wellington has finally put away his insurance tools but doesn’t intend to fade away just yet. MORE »
Nikko relaunches its KiwiSaver proposition
Nikko has relaunched its GoalsGetter KiwiSaver proposition adding other managers’ funds and making improvements for advisers.
Nikko’s GoalsGetter KiwiSaver Scheme now has a diversified mix of 18 high-calibre funds.
It says these funds have been hand-picked by Nikko AM NZ’s experienced team from a range of leading fund managers and include funds from Milford, Harbour, Salt, Pathfinder and Generate alongside Nikko AM’s own funds.
Nikko AM New Zealand managing director, Stuart Williams, says that putting ...MORE»
ANZ exits wholesale funds managementFriday, May 3rd, 10:06AM
ANZ Investments to exit Wholesale business and focus on better outcomes for everyday Kiwi investors MORE» |
Stewardship reporting steps up in first year of codeFriday, May 3rd, 6:49AM
In the first year of New Zealand’s Stewardship Code, most of the signatory investment managers released some form of stewardship reporting, a 2023 review shows. MORE» |
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Generate gets on board with Spirit of Adventure
Generate partners with the Spirit of Adventure Trust to help empower more Kiwis get ahead. MORE»
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GoodReturns TV
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[GRTV] A trip around investment issues with MyFiduciary’s Chris Douglas
It’s not just changes to the trustee tax tax rate that’s driving PIE growth, MyFiduciary principal Chris Douglas tells Good Returns TV. MORE»
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Don’t let perfect be the enemy of good
Living in a sustainable way was a feature of my household long before it became part of the mainstream culture. MORE»
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7 key takeaways from new insurance bill
OPINION: Steve Wright has read the Contracts of Insurance Bill which was introduced to Parliament last week and outlines seven potential changes facing advisers and insurers. MORE»
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TMM Online
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Businesses holding up OCR cuts
Businesses must realise that despite their costs jumping 10%, they can only raise prices 2% and must find savings and boost productivity, otherwise monetary policy won’t be eased and interest rates won’t fall. MORE»
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Financial Advice NZ appoints new Head of Professional Development
Former board member becomes Fin Advice NZ's new head of professional development. MORE»
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QuayStreet and Generate prominent in Morningstar’s latest KiwiSaver results
KiwiSaver assets increased, owing significantly to market movements, to end the March quarter at $108.6 billion, up $4 billion from the end of last year. MORE»
