Articles tagged with 'NZX'
Retail investors seeking US exposure as confidence returns
16 January 2025 - Sharesies’ latest data shows a return in retail investor confidence in the final months of 2024 with investors continuing to look for US exposure via ETF.
NZX first-quarter earnings up 23.5%, revenue up 14.8%
18 April 2024 - NZX's first quarter earnings rose 23.5% on a 14.8% jump in revenue, chair John McMahon told the annual shareholders' meeting.
New winner for Fund Manager of the Year
27 March 2024 - While the usual suspects were finalists in the Morningstar Fund Manager of the Year, a new winner was announced last night.
Only 54% of active NZ equities managers beat the benchmark index in 2023
28 February 2024 - [With VIDEO] A bare majority of actively managed New Zealand equity funds managed to beat the benchmark S&P/NZX 50 Index in calendar 2023 but less than a quarter managed to outperform over 15 years.
SmartShares FUM up 33%
23 February 2024 - NZX says its Smartshares subsidiary grew funds under management (FUM) grew 32.9% to $11 billion in calendar 2023 with FUM growth excluding acquisitions rising 14%.
Trustees seeking refuge in PIEs could weaken our capital markets
9 February 2024 - The NZX, Shareholders Association and Securities Industry Association say raising the trustee tax rate will incentivise PIEs and could ultimately weaken New Zealand's capital markets.
Yovich & Co Wealth goes live on NZX Wealth Technologies platform
13 October 2023 - Whangarei-based wealth management and investment advisory firm Yovich & Co Wealth Management has migrated all its administration and custodial data on to the NZX Wealth Technologies platform.
NZX Smartshares lifts FUM 29% in six months ended June
25 August 2023 - NZX says its Smartshares subsidiary “continues to go from strength to strength,” reflecting positive cash flows and returns as well as the QuayStreet acquisition.
New ticker for NZX
13 July 2023 - NZX has unveiled a new high-tech electronic ticker on the New Zealand Capital Markets Centre building at 45 Queen Street, Auckland.
NZX appoints Smartshares chief executive
24 June 2023 - NZX recruits from broking firm to fill vacant Smartshares CEO role.
NZX wrap platform looking to add four more firms
3 May 2023 - NZX’s wealth technologies platform should add at least four new clients this calendar year, chief executive Mark Peterson, told the stock exchange operator’s annual shareholders meeting.
Smartshares CEO steps down
26 January 2023 - NZX looking for a new chief executive for Smartshares.
Smartshares gains new director - Lindsay Wright resigns
24 November 2021 - Lindsay Wright has stepped down from the board of directors at Smartshares and has been replaced by the chief financial and corporate officer of NZX Limited.
NZX Wealth Technologies profitable and aiming at big targets
27 August 2021 - NZX's investment platform Wealth Technologies now profitable and aiming for big targets.
FMA focus - Money laundering, cybercrime, disclosure and more
20 July 2021 - The Financial Markets Authority (FMA) has its work cut out for it over the next 12 months dealing with a range of issues from insider trading, false advertising and the CoFI Bill to cybercrime, KiwiSaver and compliance.
FMA review of NZX shows room for improvement
30 June 2021 - The FMA is keeping a watchful eye on the NZX after its latest annual obligations review found the company had failed to meet all of its obligations due to "insufficient technological resources".
NZX launches carbon-efficient indices
4 May 2021 - NZX has teamed up with S&P Dow Jones Indices to launch New Zealand’s first carbon-efficient indices. The move comes amid growing interest in...
Tech a priority for NZX in 2021
17 February 2021 - The New Zealand Stock Exchange says it has made gains with its investment platform and intends to double down on them this year.
FMA releases damning review on NZX technology issues
28 January 2021 - This morning the FMA have released a report which says that the NZX woefully failed in meeting its obligations to consumers, in the 2020 DDoS attack.
NZX Wealth Technologies adds another client and expects more
22 January 2021 - NZX Wealth Technologies has won a competitive tender to put Public Trust on its new platform.
NZX launch new regulatory agency: NZ RegCo
10 December 2020 - NZX have today gone live with their new regulatory agency, signalling the formal separation of the exchange’s commercial and regulatory wings.
Will hackers interfere with NZX for second week?
31 August 2020 - New Zealand’s funds management industry will be watching the NZX’s website on Monday in the hopes that it is not felled again.
Analysts pick Covid-19 losers on NZX
18 August 2020 - Most New Zealand businesses will be affected by the current increased alert levels, Forsyth Barr says, but the extent of the impact varies.
BNP to boost offshore capital flows
4 August 2020 - BNP Paribas Securities Services (BNP Paribas) is intending to engage with the NZX on a new initiative focused on boosting offshore capital flows into NZX to further develop the New Zealand capital market.
NZX outperforms ASX in eight of 10 years
12 July 2020 - New Zealand’s market has outperformed Australia's for eight of the past 10 years – primarily because of the make-up of the index, Milford Asset Management portfolio manager William Curtayne says.
Augusta Capital takeover bid now unconditional
9 July 2020 - ASX-listed Centuria Capital has declared that its takeover of New Zealand property funds manager Augusta Capital is now unconditional, as it has secured nearly 66% of Augusta’s shares.
Tax change to boost listed funds
26 February 2020 - Tax changes due this year should give Smartshares’ listed ETFs a boost, its chief executive says.
Australian giant in Augusta takeover bid
29 January 2020 - Commercial property investment company Augusta Capital today announced a surprise takeover bid from Australian listed Centuria Capital.
Platform wars heat up
11 December 2019 - NZX's Wealth Technology platform has signed up a new investment group, just as MMC takes control of Aegis and Consilium rolls out a new version of the FNZ platform.
Booster to list property fund
12 September 2019 - Booster’s Private Land and Property Fund is being opened to retail investors, and is listing on the stock exchange.
Advice rules created 'two-tier' market, working group says
10 September 2019 - More advice is needed to boost the fortunes of the New Zealand capital markets, a new report says.
Hobson gets back onboard NZX platform
24 August 2019 - NZX Wealth Technologies platform has been selected by Hobson Wealth Partners to provide platform technology services. Timing for migration is to be confirmed...
Anderson launches new fund options
22 August 2019 - Kernel – a new digital investment provider wants to offer investors and advisers more choice.
Share markets shake
15 August 2019 - Share markets around the world have wobbled – but whether fears of a recession will prove correct is still up for debate.
KiwiSaver 'as good as it gets'
1 August 2019 - Morningstar warns the past quarter was “about as good as it gets” for KiwiSaver returns.
Reserve Bank capital requirements 'could prompt listing'
4 July 2019 - Reserve Bank moves to require banks to hold more capital could be good news for the share market.
Cannasouth breaks listing drought
2 July 2019 - The IPO of medicinal cannabis company Cannasouth has broken a 2-year listing drought for the NZX. Unfortunately, for NZX investors we are not impressed by the latest listing on the market, which we see as a speculative pre-revenue business that was highly priced.
Thematic ETFs: Advisers' active passive strategy
6 June 2019 - New, more targeted exchange-traded funds are a way for advisers to take an active approach to passive investment, the NZX says.
Advisers' need for research a benefit, not a hindrance: Douglas
14 May 2019 - It should be seen as a positive thing that advisers are reluctant to recommend equities without third-party support, a former investment researcher in New Zealand says.
Adviser issues identified in capital markets
9 May 2019 - The group tasked with reviewing New Zealand’s capital markets has identified some issues with the way that advisers work.
Investment boss for NZX
18 March 2019 - NZX has hired a chief investment officer for SmartShares.
From FMA to NZX
5 March 2019 - The Financial Markets Authority’s former director of compliance been appointed as a director of the NZX.
Shareholders threaten NZX board shake-up
26 February 2019 - The NZX has been served another challenge from a shareholder group, this time threatening to unseat board members.
Tax suggestions: 'I sigh deeply'
22 February 2019 - New Zealand's financial services world has responded with scepticism to proposals from the Tax Working Group, including a capital gains tax.
NZX refocuses, heralds wealth growth
20 February 2019 - NZX has signalled plans to grow its Wealth Technologies platform further, despite long delays in bringing on its first customer.
NZX reports profit
15 February 2019 - NZX has reported profit of $11.6 million for the 2019 financial year, including growth in its wealth businesses.
Capital markets under review
24 January 2019 - The NZX and Financial Markets Authority are reviewing the country’s capital markets with a view to boosting the number of new listings.
Retail investors get passive strategies: Stevens
6 December 2018 - Advisers with client money in active funds may have more work to do during periods of sharemarket volatility than those whose clients pursue passive strategies, NZX head of funds management Hugh Stevens says.
Apprenticeship for wealth management director
4 December 2018 - NZX has hired its next future director from a wealth management firm.
NZX Wealth Technologies platform launches
16 November 2018 - NZX Wealth Technologies has launched its custodial wrap platform with foundation client Craigs Investment Partners on board offering self-managed investment services.
NZX encouraging firms to market
31 October 2018 - NZX is making changes to its rules that it hopes will improve the flow of IPOs coming to market.
Fund managers: What next for NZX?
30 October 2018 - Fund managers are worried a lack of listings on the NZX may be unsustainable.
NZX expands funds team
14 October 2018 - NZX is shrugging off suggestions it should sell its fund business, with the creation of two new senior positions.
Elevation Capital demands unreasonable: NZX
8 October 2018 - The NZX says it has rejected six "unreasonable" demands from fund manager Elevation Capital.
NZX stands by funds business
5 October 2018 - NZX is standing by its fund management business in the face of shareholder criticism - but not all advisers are convinced.
Fund manager calls for NZX to sell funds business
2 October 2018 - Fund manager Elevation Capital wants the NZX to sell its funds business and focus on doing "a few things better".
NZX says platform nearly live
21 August 2018 - NZX says it expects to have a large customer go online with its Wealth Technologies investment platform, (formerly Apteryx) in October.
NZ shares rise as earnings continue; NZX gains on spec div
15 August 2018 - New Zealand shares rose as earnings season continued to deliver mixed results. NZX was among gainers on the day after delivering a special dividend while Heartland Bank fell on its increased bad debt provisioning.
NZ shares bounce back from Turkish sell-down, Summerset falls on mixed result
14 August 2018 - New Zealand shares bounced back from some of yesterday's sell-off as investors are yet to see serious contagion from Turkey's burgeoning financial crisis, led higher by Synlait Milk and A2 Milk Co. Summerset Group Holdings fell after reporting first-half earnings.
NZ shares fall as Turkey woes ripple through markets; blue chips include F&P, Fletcher drop
13 August 2018 - New Zealand shares fell in a global rout as fears over the Turkish economy and its potential threat to the European banking system weighed on risk-sensitive assets and emerging markets in particular. Blue-chip stocks including Fisher & Paykel Healthcare and Fletcher Building declined.
NZ shares up broadly on dollar weakness, TradeMe and A2 gain while Fonterra sinks
10 August 2018 - New Zealand shares gained on continued market strength from the weaker Kiwi dollar, led higher by Trade Me Group and A2 Milk Co, while Fonterra Shareholders Fund dropped as its expected final dividend was removed.
General Finance to join stock market
29 May 2018 - Non-bank lender General Finance and sister company Investment Research Group are set to join the stock market after agreeing a deal with a listed shell company.
Wealth Technologies challenges for NZX
13 April 2018 - The NZX has acknowledged slow progress with adding its first client to its Wealth Technologies platform. The platform was purchased in 2015 for $1.5 million...
NZX reports FUM lift
19 February 2018 - 2017 was a good year for NZX's funds management business.
Don't worry, stay invested
12 January 2018 - New Zealand market commentators are optimistic about the year ahead, despite international warnings that a crash is “overdue”.
KiwiSaver should invest more in NZ: Gaynor
15 December 2017 - New Zealanders have missed out on KiwiSaver returns because of their lack of exposure to the local share market, one manager says.
NZX pushing on with scale in its ETFs
24 November 2017 - After a wide ranging review of its operations NZX has decided that its ETF business is a core part of its operations.
Report, not court action, for Goldman Sachs
15 November 2017 - Trading by Goldman Sachs New Zealand might have been misleading but that will not be tested in court, the Financial Markets Authority says.
Look to Asia for yield
8 November 2017 - Advisers are being encouraged to think of investments into Asia as being a useful income generating investment, rather than one for capital appreciation.
Market wobbles 'signify need for active management'
3 November 2017 - Significant drops in price in a number of New Zealand equities this week are being held up as a sign it is a stockpicker's market.
Getting to Know: Dean Anderson
1 September 2017 - Dean Anderson is the face of Smartshares for many advisers - but do you know where he spent 2006?
NZX's Apertyx yet to take full flight
24 August 2017 - NZX’s plans to get its foundation clients onto its Wealth Technologies platform (formerly called Apertyx) has been pushed back to early next year. It...
Jenkins leaves NZX
6 June 2017 - Aaron Jenkins has resigned from his role as head of funds management at NZX.
Investment advisory boss joins NZX Board
9 May 2017 - The managing director of one of the country's biggest investment management firms is joining the board of the NZX.
NZX joins United Nations Sustainable Stock Exchange
18 April 2017 - NZX has joined the United Nations Sustainable Stock Exchange (SSE) initiative as a partner exchange. The SSE initiative provides a platform for exchanges...
New CEO for NZX
10 April 2017 - NZX has confirmed who will take over as chief executive.
NZX platform gains momentum
14 February 2017 - NZX says the addition of two big clients - Craigs Investment Partners's KiwiSaver and Hobson Wealth - to its NZX Wealth Technologies platform has prompted more wider market interest in its offering.
Getting clarity on market manipulation
29 September 2016 - Guidelines intended to provide brokers with more clarity on market manipulation are currently being worked on by the NZX, it has emerged at the Mark Warminger trial at the Auckland High Court.
Strong retail demand for ETFs
16 September 2016 - ETFs offer advisers a simple way to construct the solid core of a client’s investment portfolio, around which they can then innovate, NZX’s head of fund management Aaron Jenkins says.
NZX signs deal
8 September 2016 - NZX has agreed terms with Macquarie Equities New Zealand to provide it with the the NZX Wealth Technologies platform. Under the agreement NZXWT will provide...
SuperLife shines for NZX
17 August 2016 - SuperLife’s KiwiSaver business grew 26.6% in the six months to the end of June, the NZX has revealed today.
Smartshares and SuperLife to amalgamate
27 June 2016 - NZX is planning to amalgamate its two wholly-owned subsidiaries, Smartshares and SuperLife later this year as part of the transition to the Financial...
Portfolio-building has limited appeal
2 March 2016 - A KiwiSaver provider offering members the ability to pick the assets their retirement savings are invested in says only a small percentage of investors want to take such a hands-on approach.
Banks offer value: Morningstar
2 March 2016 - Morningstar says investor negativity about Australasian banks is misplaced.
NZX says 2015 focus on funds services paid off
24 February 2016 - Growing KiwiSaver balances are likely to fuel growth in equities markets in this country, NZX says.
ETFs phone home: a stellar year for Smartshares
8 February 2016 - 2015 was a bumper year for the development of Exchange Traded Funds (ETFs) in New Zealand. NZX Head of Funds Management Aaron Jenkins explains why ETFs are becoming valuable building blocks in investment portfolios.
Market turmoil creates knock-on effect
6 January 2016 - New Zealand is likely to continue to feel some knock-on effect of the turmoil on international markets this week. Read here. ...
Advisers can step up in market volatility
6 January 2016 - New Zealand is likely to continue to feel some knock-on effect of the turmoil on international markets this week.
Interest rates predicted to drop further in 2016
5 January 2016 - Another strong performance from New Zealand equities is expected in 2016 but some commentators say it will be more of a stock-picker’s market this year...
Active management tipped as key in 2016
5 January 2016 - Another strong performance from New Zealand equities is expected in 2016 but some commentators say it will be more of a stock-picker’s market this year.
Listed debt market grows
16 November 2015 - The New Zealand Local Government Funding Agency has listed on the NZX debt market, offering advisers and retail investors the chance to trade in the bonds...
Real estate index launched
4 November 2015 - S&P Dow Jones has announced the launch of the S&P/NZX Real Estate Select Index, capturing the largest real estate companies on the NZX. The index...
Smartshares launches more ETFs
29 October 2015 - Smartshares has registered two prospectuses for the launch of four new exchange-traded funds (ETFs).
Apteryx sale complete
30 August 2015 - NZX has announced it has completed its purchase of wrap provider Apteryx. It announced in June it was entering an agreement to purchase 100% of the company...
NZX trades up
5 August 2015 - Total equity trades were up 16.5% in July, compared to the year before, NZX says. The value of the equities traded increased 9.8%. The NZX50 was up 14...
Stanley moves to sharebroker
6 July 2015 - The former head of FundSource, Sam Stanley, has finished up at the NZX and will take on a new role as an adviser.
NZX buys wrap service
30 June 2015 - NZX has entered into a non-binding heads of agreement to acquire 100% of wrap service Apteryx, which is headed up by former Aegis boss Paul Baldwin and...
Craigs fined
2 June 2015 - Craigs Investment Partners has been fined $30,000 and censured by the NZ Markets Disciplinary Tribunal for not recording retail client orders correctly...
NZX gets pass mark
26 May 2015 - The Financial Markets Authority has confirmed that NZX has complied with its statutory obligations to ensure that its markets are fair, orderly, and transparent...
NZX names new head of funds management business
18 May 2015 - It has appointed Aaron Jenkins to head up the funds management business, which includes SuperLife and Smartshares businesses. Jenkins has held the Head...
First NZ censured, fined
6 May 2015 - First NZ Capital securities has been publicly censured and fined $15,000 after trying to fix a trading error without notifying the NZX of the problem.
Stanley steps down
1 May 2015 - NZX head of exchange products and FundSource boss Sam Stanley has confirmed he is standing down from his role but says the move was not prompted by the research house’s recent decision to drop qualitative research.
Small Kiwi market a problem for KiwiSaver
28 April 2015 - Capacity constraints are a looming issue for the KiwiSaver market to contend with as it grows, research house Morningstar says.
NZX consults on market penalties
20 April 2015 - NZX is planning to increase the penalties the NZ Markets Disciplinary Tribunal can impose for breaches of the rules. It could mean fines for directors...
Smartshares adds new funds
17 April 2015 - Smartshares, NZX’s Exchange Traded Funds (ETFs) business, has registered a prospectus for the launch of three new ETFs to complement to its existing...
