Articles tagged with 'Harbour Asset Management'
Harbour Outlook: So much for the Christmas rally
22 January 2025 - December saw mixed market movements influenced by currency shifts, central bank actions, and economic trends, shaping the investment outlook for the months ahead.
Harbour Investment Outlook: Waiting game
21 November 2024 - Key market movements The MSCI All Country World Index (ACWI) increased 4.5% last month, in New Zealand dollar-unhedged terms. However, the strength...
Harbour puts out first stewardship report as sustainability round up
24 July 2024 - Harbour Asset Management has included a stewardship report for the first time as part of its annual sustainability report.
Wither now for Flint Wealth's platform?
17 April 2024 - There has to be some question over the Flint Wealth management platform's future after Harbour Asset Management and Grace Sterling subsidiary Trustees Executors apparently refused to continue funding it.
Time to revisit banking in New Zealand?
12 February 2024 - “The only thing worse than a very profitable banking system is a very unprofitable banking system.” Jonathan Mott, 2010, from his presentation to the Australian Senate Economic References Committee inquiry into Competition within the Australian banking sector
Three risks we are thinking about for 2024
22 December 2023 - Touch wood, but 2023 has probably turned out better than many expected. At the end of 2022, there was a strong consensus that a recession was on the cards in the world’s largest economy, the US, and that inflation will prove extremely hard to rein in.
Big payday coming for Harbour on top of FirstCape merger
15 December 2023 - Today is an exceptionally big one for Harbour Asset Management because not only will it become part of a four-way merger to form FirstCape but one of its investments looks likely to deliver a big payday.
Sustainable impact fund typically 10-15% of portfolio for ethical investors
24 November 2023 - Advisers have been key supporters of Harbour Asset Management’s impact strategy with 70-80% of its sustainable impact fund sold through the channel, says multi-asset portfolio manager Chris Di Leva.
Harbour Outlook: Economic Crosscurrents
14 November 2023 - The MSCI All Country World Index (ACWI) continued its decline, posting a -2.7% loss in New Zealand dollar-hedged terms (and a 0.2% gain in unhedged NZD...
Harbour Investment Outlook: Higher for longer, but how much longer?
20 October 2023 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed income and equity markets.
Harbour Investment Outlook: Past the winter solstice, but is it spring yet?
13 September 2023 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed income and equity markets.
Harbour Navigator: Decarbonisation progress – more than hot air?
18 August 2023 - New Zealand’s emissions have not been falling despite the rising number of climate commitments, but there have been some encouraging examples of...
Top 10 risks and opportunities for 2023 – A mid-year reflection
14 July 2023 - At the end of last year Chris Di Leva, Portfolio Manager and Multi Asset Specialist, and Hamish Pepper, Fixed Income & Currency Strategist, sat down to mull over the approaching risks and opportunities for 2023. Now, with six somewhat 'uneventful' months of the year under our belts, they have taken the time to pause, reflect and discuss what may lie ahead.
AI: the fourth industrial revolution?
16 June 2023 - The impact of artificial intelligence (AI) on businesses and the economy has been profound, leading to a notable surge in the value of select information technology companies. Harbour Investment Analyst discusses the AI frenzy and other key market developments for the month.
[GRTV] AI and investment, is active management delivering?
10 June 2023 - Shane Solly, portfolio manager Harbour Asset Management, gives his view on what artificial intelligence (AI) means for investors.
Voting, engagement get breakdown in Harbour sustainability report
18 May 2023 - Engagements and voting on contentious ESG issues, supplemented by an annual company survey, drove Harbour Asset Management sustainability action last year.
Catch 22 – Inflation vs. Earnings
18 May 2023 - Chris Di Leva, Portfolio Manager and Multi Asset Specialist at Harbour Asset Management shares key insights into recent market developments and what to watch.
Harbour releases inaugural impact report
1 November 2022 - Harbour Asset Management has released its inaugural impact report and revealing that investors in its flagship Sustainable Impact Fund suffered a 0.31% loss over the past three months.
Harbour Asset Management publishes first annual sustainability report
25 July 2022 - Harbour Asset Management has produced its first-ever annual sustainability report in response to what its managing director Andrew Bascand describes as increasing investor demand “that their fund managers pay attention to non-financial risks and focus on ESG aspects”.
Tricky turbulent transition
11 May 2022 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed income and equity markets.
Ukraine invasion heightens already elevated volatility
18 April 2022 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed income and equity markets.
Harbour Investment Outlook - Ukraine invasion heightens already elevated volatility
11 March 2022 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed income and equity markets.
Tricky transition favours stock picking
16 February 2022 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed income and equity markets.
The next big thing
3 December 2021 - One of the new big themes for fund managers will be impact investing, and Harbour Asset Management has jumped onto it.
Harbour launches its new Sustainable Impact Fund
1 December 2021 - Harbour Asset Management has launched a new high-end diversified fund designed to generate investment returns that have a positive impact on people and the planet.
Earnings surprises support equity returns
26 November 2021 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed income and equity markets.
Delta fails to dampen equity markets
15 October 2021 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed income and equity markets.
Fund rollout season continues
2 October 2021 - New fund rollouts are in vogue at the moment. Here is the latest.
Harbour buys global fixed interest fund
28 September 2021 - Harbour Asset Management is on the hunt and has hit the target buying a global fixed interest fund.
Delta fails to dampen equity markets
8 September 2021 - In its monthly Investment Outlook Harbour Asset Management explains what it sees in the markets at the moment and how it is positioning its portfolios.
Economic strength brings RBNZ into play
17 August 2021 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed income and equity markets.
More ships dock at Harbour
19 July 2021 - Harbour Asset Management has made two new hires to support its growth.
Expansion accelerates taper talk
9 July 2021 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed income and equity markets.
Pathfinder finds its mojo
30 June 2021 - Pathfinder was the big winner at the inaugural Mindful Money ethical investment awards.
Five new funds for ethical investors
18 June 2021 - Mindful Money, New Zealand's top ethical investment platform, has added five new funds to its stable of investment options.
Finalists announced for the first Mindful Money Awards
28 May 2021 - The finalists for the inaugural Mindful Money Awards have been announced and cover a wide range of leading Kiwi companies and individuals keen to make an ethical mark on the world of finance and investment.
Effective vaccine, better earnings spur on markets
20 April 2021 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed interest, credit and equity markets.
Effective vaccine, better earnings spur on markets
17 February 2021 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed interest, credit and equity markets.
Effective vaccine, better earnings spur on markets
18 January 2021 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed interest, credit and equity markets.
Effective vaccine, better earnings spur on markets
16 December 2020 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed interest, credit and equity markets.
Elections, Covid waves come to the fore
9 November 2020 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed interest, credit and equity markets.
Election, recovery and vaccine uncertainty
18 October 2020 - Harbour's Investment Outlook – what's currently influencing local and global markets and what to watch in the near future.
ESG themes from company reporting season
19 September 2020 - This reporting season has seen a strong focus on social considerations, unsurprisingly triggered by Covid-19, which has presented a challenge but also an opportunity for companies writes Harbour Asset Management.
Data supports markets
18 August 2020 - The Harbour Investment Outlook summarises recent market developments – what we are monitoring closely – and our key views on the outlook for fixed interest, credit and equity markets.
[GRTV] Bascand outlines the keys to Covid recovery
2 August 2020 - Harbour Asset Management managing director Andrew Bascand explains the firms approach to investing in this volatile, Covid-19 dominated environment.
Stimulus trumps rise in infections
14 July 2020 - The Harbour Investment Outlook summarises recent market developments; what we are monitoring closely; and our key views on the outlook for fixed interest, credit and equity markets.
Harbour cuts fund fees
27 June 2020 - Harbour Asset Management is cutting the fees on four of its funds.
Beating expectations
16 June 2020 - The Harbour Investment Outlook summarises recent market developments – what we are monitoring closely – and our key views on the outlook for fixed interest, credit and equity markets.
Bounce back
14 May 2020 - The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed interest, credit and equity markets.
Markets this month and beyond
16 April 2020 - The Harbour team examine market movements in the past month, and what they are watching going forward.
Coronavirus contagion uncertainty
12 February 2020 - The Harbour team examine market movements in the past month, and what they are watching going forward.
Downside risks reduced
23 January 2020 - The Harbour Investment Outlook summarises recent market developments; what we are monitoring closely; and our key views on the outlook for fixed interest, credit and equity markets.
[GRTV] Lessons from Harbour's first 10 years
17 December 2019 - Ten years ago Harbour Asset Management set off on its investment voyage. In this video managing director Andrew Bascand reflects on the good and bad of the firm's first 10 years.
Earnings deliver, trade fears fade
11 December 2019 - The Harbour team examine market movements in the past month, and what they are watching going forward.
[GRTV] Harbour Asset Management – Andrew Bascand
11 December 2019 - Ten years ago Harbour Asset Management set off on its investment voyage. In this video managing director Andrew Bascand reflects on the good and bad of the firm's first 10 years.
Risks reduced but not removed
14 November 2019 - The Harbour team examine market movements in the past month, and what they are watching going forward.
Ethical investing using Maori values; new multi-asset fund
1 November 2019 - Two, very different funds have hit the market last week. One a multi-asset fund the other an ethical fund built around Maori values.
Harbour fights back over CBL failure
1 November 2019 - Harbour Asset Management is at the forefront of a class action claim filed over the failure of insurance company CBL Corporation.
Three themes a top fund manager is watching closely
13 October 2019 - Markets are full of conflicting message at the moment. In this feature the Harbour Asset Management team explain what's happening and how the are positioning their portfolios.
Harbour takes a cautious approach as downside risks increase
12 September 2019 - The Harbour team examine market movements in the past month, and what they are watching going forward. Find out how they are positioning their portfolios.
Lower and lower domestic interest rates
14 August 2019 - The Harbour team examine market movements in the past month, and what they are watching going forward.
Advisers need to negotiate lower fees
13 August 2019 - Fund management fees are too high and advisers should be negotiating lower fees for their clients, MyFiduciary principal Chris Douglas says.
Finely balanced, markets walking a tightrope
18 July 2019 - The Harbour team examine market movements in the past month, and what they are watching going forward.
Two new arrivals at Harbour
22 June 2019 - Harbour Asset Management has added a Fixed Income Market Strategist, following the departure of Christian Hawkesby and an Investment Specialist to its team.
Trade tensions impact global growth
13 June 2019 - The prospect of a near-term trade deal between the US and China deteriorated during May as talks broke down, causing bond yields to tumble and global share markets to retreat from recent highs. Falling yields saw defensive, higher yielding equity markets, such as New Zealand and Australia, outperform. And domestically, the Reserve Bank of New Zealand (RBNZ) cut the Official Cash Rate to 1.50%, citing the deceleration in global growth and uncertainty around the global outlook as key determinants behind their decision.
More bright spots emerge
16 May 2019 - Global equity markets continued to strengthen in April with the MSCI World index (in local currency) returning 3.8%. Markets were buoyed by the trifecta of a strong US earnings season, signs that Chinese stimulus have had a positive economic impact and, perhaps not unrelated, eurozone growth rates coming in above expectations.
Market Outlook: Records broken
9 April 2019 - Global equity markets continued to strengthen in March with the MSCI World index (in local currency) returning 1.6%, bringing the return for the quarter to 12.6%.
The three things to watch in markets
11 March 2019 - Harbour Asset Management provides an update on what's happening in investment markets and the three things its watching closely.
Responsible investing extends beyond a green label
20 February 2019 - Contact Energy has announced its intentions to raise capital via a “green bond”.
Harbour's View: What the Australian Royal Commission means for the industry
5 February 2019 - The Australian Royal Commission will reshape the financial services industry and has significant implications, Harbour Asset Management says. The report has already had strong political support.
RBNZ banking rules shaping credit markets
5 February 2019 - Changes to banking rules are set to have a meaningful impact on New Zealand’s fixed interest market in 2019
Harbour fixed income head moves on
14 January 2019 - A role at the Reserve Bank beckons for one of the key faces of Harbour Asset Management.
Ignore the chatter; take the long-term view
9 January 2019 - Harbour Asset Management portfolio Shane Solly looks at the reasons why have equity markets been weak, and what it means for investors going forward.
The Third Scenario – The End of Goldilocks
4 December 2018 - While the RBNZ expects to keep the OCR on hold through 2019 and into 2020, in their past two Monetary Policy Statements they have outlined two alternative scenarios: one with stronger inflation pressures; and another with softer economic growth.
Equity market pullback
6 November 2018 - The Harbour Outlook summarises recent market developments, what we are monitoring closely, and our key views on the outlook for fixed interest, credit and equity markets.
Harbour adds Multi-Asset specialist
8 October 2018 - Harbour Asset Management has appointed Chris Di Leva to a new role as Multi-Asset Specialist based in its Wellington office. Di Leva joins Harbour...
Harbour builds a new real estate fund
4 October 2018 - Harbour Asset Management is adding a real estate fund to its offerings as a defensive tool for investors.
Harbour homes in on real estate
4 October 2018 - Harbour Asset Management has rolled out a new real estate PIE fund to give investors a defensive investment home.
[The Wrap] Friendly fire in responsible investment space
21 September 2018 - Simplicity CEO Sam Stubbs may exclude munitions from the funds' investments, but he sure knows how to lob a grenade.
Picking Winners
12 September 2018 - For a more in-depth look at the FundSource Fund Manager of the Year Awards and how winners decided, we have Chief Judge, Darren Howlin in the Good Returns TV studio to explain the process.
Tariff Wars
26 July 2018 - A muted global market reaction so far?
Interest Rate Cycles: Endings and Beginnings
21 June 2018 - Harbour Asset Management provides a valuable update on the fixed interest market following the US Federal Reserve latest rate announcement this week.
Harbour adds to fixed interest team
18 May 2018 - Harbour Asset Management has appointed a new fixed interest investment analyst to replace Declan McKeefry.
Nikko and Harbour hover up more gongs; Fisher and Savage rewarded
18 May 2018 - FNZC was named sharebroking firm of the year, Nikko Asset Management the fund manager of the year - bonds, and Harbour Asset Management the fund manager...
Investment horizon: The changing face of the New Zealand credit market
1 May 2018 - Over recent years the New Zealand credit market has been going through something of a quiet revolution.
Is active investment management the solution to navigating technological disruption?
26 March 2018 - The impact of technology is one of the most exciting aspects of being a professional investor. Technology can enable a business to significantly enhance its service offering, improving customer service and hopefully making an increased profit along the way – a win-win.
Morningstar finalists announced
20 February 2018 - This year Harbour, Nikko and Milford Asset Management are the three finalists for the Morningstar Fund Manager of the Year. Nikko and Harbour (including...
Harbour adds to board
12 February 2018 - A philanthropist and global business leader is joining the fund manager's governance team.
Nearing an end to the NZ Goldilocks?
12 December 2017 - Markets, both in New Zealand and globally, have experienced "goldilocks" conditions for the past five years of low inflation and solid economic growth.
Reserve Bank changes 'not radical'
8 November 2017 - The Government is set to introduce an employment objective for the Reserve Bank but that is unlikely to affect the future direction of interest rates.
The Wrap: Deadlines for changes clearer (maybe)
27 October 2017 - Since this is the Weekly Wrap we thought we'd try and wrap the week up, highlighting the key news stories and looking ahead to what's happening next week. Read on to see what's on the agenda.
Lessons from RBOHA
24 October 2017 - A large number of retail investors breathed a sigh of relief last month as they received their principal of $900 million back on what was New Zealand’s largest retail bond issue which was launched 10 years ago. Harbour Asset Management looks at the lessons learnt from the Rabobank offer.
Labour would change Reserve Bank - so what?
21 September 2017 - A change of government this weekend could mean a new direction for the Reserve Bank and another element for investors to understand.
Fund Source surprises with awards
30 August 2017 - There were some surprises in the Fund Source Fund Manager of the year awards which where handed out in Auckland last night.
Quantitative investment styles, and when they perform
28 August 2017 - Factor investing as a style has become increasingly popular in the last decade with the rise of Smart Beta funds globally. These strategies are expected to outperform the market over the long-term.
Chaotic election not necessarily bad news for investors
22 August 2017 - New Zealand’s political landscape may be turmultuous but fund managers are divided on how much of an impact it will have on the local markets.
New executive director for Harbour
15 August 2017 - Harbour Asset Management has revealed a new executive director.
Why now is the time for active management
19 July 2017 - Publisher Philip Macalister spoke to Andrew Bascand from Harbour Asset Management. Harbour has over $3.3 billion in funds under management at the moment, and recently won the Morningstar Fund Manager of the Year Award for the second consecutive time.
Harbour appoints new COO to replace Kaye
11 July 2017 - Harbour Asset Management has pointed Ruari McGregor as its new chief operating officer to replace Jody Kaye.
Change at top of Harbour
10 July 2017 - Harbour Asset Management is getting a shake-up at the top level as a key person moves on.
Harbour re-launches income fund
4 July 2017 - Fund will include more active management after changes
GRTV: Welcome to Good Returns TV
30 May 2017 - Publisher Philip Macalister introduces Good Returns TV and his first guest on the show, Andrew Bascand from Harbour Asset Management. Bascand says investors should halve their return expectations in an increasingly volatile market.
Canterbury economic activity still robust
30 May 2017 - For the last five years, the rebuilding of Christchurch has contributed strongly to NZ’s economic activity. Canterbury’s economy is currently undergoing a significant transition.
Beware a 2019 recession
10 April 2017 - Talks of an impending global recession are making the headlines once again but what exactly are the driving factors?
Harbour named top manager - again
2 March 2017 - Harbour Asset Management was, last night, crowned Fund Manager of the Year for the second consecutive time.
US Fed hike: When a tiny move matters
15 December 2016 - As widely anticipated, the US Federal Reserve lifted the US Fed Funds Rate by 25 basis points this morning, to a new target range of 0.50% to 0.75%. ...
The Trump Victory – How might investors react?
10 November 2016 - Harbour Asset Management managing director looks at what the Trump victory means for New Zealand and investors.
Central banks not ready to throw in the towel
26 September 2016 - Markets digested a flurry of central bank announcements this week, which all reiterated the determination to lift CPI inflation to targets; with no real signs that central banks have given up on the need for monetary stimulus.
Lessons from unconventional monetary policy for New Zealand
12 September 2016 - Central bankers from around the world met at Jackson Hole in Wyoming, recently, to discuss unconventional monetary policy and lessons for the future.
A focus on sustainable growth and quality
13 June 2016 - Six years of a begrudged equity market rally is leaving investors nervous.
No rush to cut OCR
1 June 2016 - A lack of inflation pressures still points to low interest rates for an extended period, according to Harbour Asset Management. Read their OCR analysis...
RBNZ having second thoughts
11 May 2016 - The main event for the month was the RBNZ’s April OCR Review, coming hot on the heels of its March decision to cut the OCR to 2.25% that took many local economists by surprise.
Giving inflation a chance
18 April 2016 - A key theme for markets moving into 2016 has been the persistence of low inflation, and the battle facing central banks to avoid low inflation becoming embedded within the expectations of households and businesses.
Harbour expands investment operations team
8 April 2016 - Investment management company, Harbour Asset Management has appointed a new operations analyst with Declan McKeefry. “This appointment reflects the growth...
Playing the man not the ball
16 March 2016 - The RBNZ’s approach to communication has faced some criticism following last week’s cut in the OCR, which surprised many bank economists, leaving some confused and others plain flabbergasted. This is not an attempt to defend the RBNZ, but to look at the facts.
Playing the ball not the man
15 March 2016 - The RBNZ’s approach to communication has faced some criticism following last week’s cut in the OCR, which surprised many bank economists, leaving some confused and others plain flabbergasted. This is not an attempt to defend the RBNZ, but to look at the facts.
NZ & Australia Company Results Review
11 March 2016 - While some New Zealand companies produced solid earnings results, and overall the results were not as bad as some may have expected, there was a wider divergence of earnings growth outcomes than in previous periods.
A test of inflation targeting credibility?
25 February 2016 - Recent inflation expectation surveys create a real headache for the Reserve Bank, Harbour Asset Management director of fixed interest Christian Hawkesby says.
Evaluating active managers and Active Share
5 February 2016 - No two active fund managers are the same.
Outlook for the Year of the Monkey
18 January 2016 - Capital markets have had a volatile start to 2016, the Year of the Monkey.
Harbour picks up mandate from AMP
22 December 2015 - [UPDATED] Harbour Asset Management has picked up an $180 million fixed income mandate for a range of Westpac-distributed funds.
Inflation risks skewed to the downside
16 December 2015 - In a finely balanced decision, the RBNZ cut the Official Cash Rate (OCR) to 2.50% as part of its December Monetary Policy Statement (MPS).
Warming to responsible investing
7 December 2015 - Whether it's the new Tesla cars that everyone is talking about, equality of remuneration for women, or collapses of finance companies during the GFC; Environmental, Social, and Governance (ESG) issues are a prevalent theme of discussion.
Evening the odds
25 November 2015 - When the RBNZ last released its economic projections in the September Monetary Policy Statement there were two key judgements that drove their thinking: 1...
Releasing the Handbrake
9 October 2015 - A key theme in the NZ fixed interest markets over the past 12 months has been the absence of inflationary pressure, turning the chance of further OCR hikes...
White Smoke at No.2 The Terrace?
7 September 2015 - After interest rates cuts in June and July, a reluctant RBNZ is under pressure from the market to deliver another cut at its September meeting and to signal...
Harbour appoints analyst
18 August 2015 - Harbour Asset Management says its appointment of a new specialist operations analyst should give advisers confidence of "no surprises".
South of Neutral OCR?
13 August 2015 - After starting with a 25 basis point cut in June, the RBNZ continued the easing cycle with another 25 basis point cut at its July OCR Review, but cautioned...
Harbour good students
31 July 2015 - Harbour Asset Management has achieved an A+ rating for its responsible investing practices. The fund manager has been a signatory to the United Nations...
Defensive stocks overpriced
13 July 2015 - Investors' search for yield in a low-interest rate environment is pushing up prices of some equities and sparking warnings.
The RBNZ easing cycle begins
9 July 2015 - • The RBNZ surprised markets with a 25 basis point cut in the Official Cash Rate, on a more pessimistic view of export prices, and a more determined...
Is it time to take profits from shares?
15 June 2015 - With equities looking fully valued at the moment Harbour Asset Management considers what options investors have for growth.
Steepening NZ yield curve
13 May 2015 - RBNZ introduces an easing bias As expected, the RBNZ left interest rates unchanged at its OCR Review at the end of April. However, the key news was...
CGT for property investors would create interesting possibilities
16 April 2015 - Fund manager Harbour Asset Management has waded into the debate on a capital gains tax for property investors.
High tide - sectoral leadership changing
14 April 2015 - The New Zealand equity market valuation remains stretched and the market is showing signs of rotation. In a world where the risk free rate is around zero...
A change in the fixed interest soundtrack
11 March 2015 - What’s the theme? For those TV channel surfing late at night, there is a programme called ‘What’s the theme?’, which shows endless music videos...
Yield pendulum at the apex
18 February 2015 - In its latest Australasian Equities Commentary Harbour Asset Management's portfolio managers discuss the outlook for dividend yields.
