Article tagged with 'Devon Funds'
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NZ’s economy is beginning to turn around while Australia is showing signs of fatigue
21 Jul 2026 - New Zealand and Australia are once again moving through different phases of the economic cycle, and there are early signs the momentum seems to be shifting in our favour.
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Macro Shocks and Micro Risks
13 May 2026 - Devon Funds Portfolio Manager Josh Wilson explains how macro shocks, like the Iran war, can impact on Australian and New Zealand companies.
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Industry veteran sells business to ISG Group; Automating manual reporting
19 Aug 2025 - Investment Services Groups buys fund distributor to expand its global manager reach.
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US tariffs hit NZ exports, pressure builds on RBNZ to cut rates
18 Aug 2025 - New Zealand’s 15% tariff rate being imposed by the United States has understandably been met with disappointment by industry groups, but could the end economic outcomes prove better than feared?
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Half-way predictions scorecard
16 Jul 2025 - We are at the half-way point in the year, and to say markets have been “interesting” over the past six months is an understatement. After soaring on optimism around Trump’s pro-business policies, investor enthusiasm was given a cold hard reality check by the President’s tariff po...
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How much Shaw paid for a majority stake in ISG
26 Jun 2025 - Australia-based Shaw and Partners will pay $67.5 million for 75% of Investment Services Group (ISG), which owns the Devon Funds, JMI Wealth, Select Wealth, Clarity Funds and TAHITO brands in the wealth management space, chair Paul Glass confirmed.
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Devon’s parent company gets a new owner
24 Jun 2025 - Australian-based Shaw and Partners is taking a majority ownership stake in Devon’s parent company Investment Services Group (ISG).
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Staying in May
10 Jun 2025 - The old market adage about “selling in May and going away” turned out to be the antithesis of sage advice. Stock markets globally performed strongly last month, with investors encouraged by what appeared to be a de-escalation of trade frictions. The White House rolled out its first deal with the UK, European tariffs were paused, while tensions also cooled a little between the US and China, with both agreeing to bring tariffs down from nosebleed levels.
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Calming influences
14 May 2025 - 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.
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Economic vandalism
14 Apr 2025 - With Donald Trump having delivered a seismic shock to world trade, and then “back-flipped,” the benefit of a adopting a “cool head” has never been more apparent.