Devon Funds Management Limited ("Devon") is an independent investment management business that specialises in building investment portfolios for their clients that are comprised of companies listed on the New Zealand and Australian stock exchanges.
Devon's approach is an active one where their rigorous research and analytical skills are applied to maximum advantage.
Devon's highly qualified and experienced investment team is committed to helping investors achieve their investment results. Devon believes their advantage lies in their people - a dedicated team of investment professionals with over 100 years combined experience in the investment industry both within Australasia and further afield. They've worked hard to assemble the right talent with the necessary skills and experience to manage their client's portfolios.
Are equity markets due for a strong finish this year?
Good things come to those that wait – after a challenging few months, stock markets have started November brightly. With inflation getting under control, many central banks cooling their jets, and bond yields easing, are equity markets in for a strong end to 2023?
MORE»A better quarter in store?
After a challenging September, and subdued start to October, are markets still in for a seasonally stronger final quarter of 2023? Inflation has fallen sharply in the US and Europe, while there may also be some locally driven tailwinds for the kiwi market.
MORE»Contrasting, but productive, times
The last few six weeks or so have been a contrasting period for markets with concerns over global economic growth, the persistence of inflation, and central bank tightening largely easing the more as time has worn on. The earnings season in the Northern Hemisphere finished up largely positive, while that down under was somewhat disparate.
MORE»Buying the soft-landing scenario
The month was a strong one for markets again. The S&P500 gained 3.2%, to record the fifth consecutive month of gains, the longest such run in two years.
MORE»Seeing the light
Several global markets have enjoyed very strong performances in June and so far this year. NZ and Australian markets have delivered positive performances but have lagged in comparison. Index performances are though but a yardstick for astute active investors.
MORE»Heading in the right direction
As we move towards the half-way stage of the year, two drivers of equity market volatility – inflation and interest rates – appear to be largely heading for calmer waters.
MORE»The Ides of March
“Beware the Ides of March” is a well-known Shakespearian phrase, but ultimately the month came to pass rather peacefully for markets, despite significant drama within the banking sector.
MORE»Results galore – so how exactly did the earnings season play out?
Here’s a recap on the good, the bad, and the ugly.
MORE»Crystal ball gazing into 2023
It's hard to believe we're already through the first month of 2023.
MORE»‘Excess dividends’ in the Electricity sector - the other side of the argument
New Zealand’s big electricity companies have come under fire recently, accused of generating ‘scarcity’ and prioritising ‘excess dividends’ over the past decade.
MORE»Seeing both sides
Why the recent pivot by a major central bank and results thus far from US the earnings season have provided reasons for investors to be optimistic, and despite elevated levels of inflation.
MORE»No gain without pain
With inflation starting to come down in places, and economies coming from a position of strength, have we reached ‘Peak Fear’ as it relates to central bank tightening endeavours?
MORE»