Articles tagged with 'funds management'
Fund managers choose ethical companies to invest in - conference
30 September 2022 - Delegates at a Responsible Investment conference have been told how ethical business practices can be enforced.
Fund managers blacklist firm
6 May 2022 - The fallout continues: fund managers blacklist DGL Group over CEO’s sexist and racist remarks
Stubbs vows to reduce fees after Simplicity hits the $4 billion mark
12 November 2021 - Simplicity's Sam Stubbs says the not-for-profit fund manager's fees are still "way too high" and has vowed to reduce them after the company reached $4 billion of funds under management.
Most bank customers earning nothing
10 November 2021 - BNZ has revealed that the majority of its customers with deposits at the bank are earning no interest. It says $41 billion on deposit are "already...
KiwiSaver funds soar, non-contributors still a worry
28 September 2021 - More than 1.2 million KiwiSaver members did not invest in the scheme in the year to March 31, showing that while KiwiSaver has hit new heights in funds under management, there are big opportunities for providers and advisers.
BNZ cuts KiwiSaver and managed fund fees
16 September 2021 - In efforts to protect its status as a default KiwiSaver provider, the BNZ will lower fees for its KiwiSaver and YouWealth funds to 0.45% at the end of the month.
Big returns for NZ Super Fund
14 September 2021 - The NZ Super Fund has posted its strongest annual return in its 20-year existence but says it doesn't expect those high rates of return to continue forever.
More Kiwi fund managers make RIAA 'Responsible Leaders' list
9 September 2021 - Twenty-one Kiwi investment managers have made this year's Responsible Investment Association Australasia list of Responsible Investment Leaders.
Kiwi investors leading the Responsible Investment charge
8 September 2021 - New Zealand is fast becoming a world leader in responsible investing with responsible investment assets growing at twice the pace of other managed investments.
Pathfinder joins the $100 million club
10 August 2021 - Pathfinder may be one of New Zealand's newest and smallest KiwiSaver providers but is growing rapidly and has hit its first major milestone with over $100 million of assets under management.
Covid-related KiwiSaver switches less likely with an adviser
17 June 2021 - Young people dominated the high level of KiwiSaver fund switching during the height of Covid-19 market volatility last year but were less likely to switch if they were with a non-bank provider, KiwiSaver provider data shows.
NZ Funds defends advertising campaign
23 April 2021 - James Grigor, CIO at NZ Funds told Good Returns that its advertisement of 107% returns in 2020 aligns with industry-wide practice, despite backing down after guidance from the FMA.
FMA warning – Don't overstate your 2020 returns
22 April 2021 - The FMA has released a warning to fund managers to not overstate the importance of their 2020 returns due to large fluctuations in the market last year.
Zenith New Zealand research on hold due to Covid-19
24 July 2020 - Zenith Investment Partners has found its plans to expand into research of New Zealand fund managers has been thwarted by Covid-19.
New Zealand equities managers outperformed in market recovery: MJW
19 July 2020 - Investors could be forgiven for finding the market returns of the June quarter hard to believe, actuaries MJW say.
Active management 'not very well'
28 June 2020 - Active management is alive but “possibly not very well”, a Russell Investments New Zealand Investment Forum session has been told.
Scrutiny will go on fund managers' strategies, MJW says
23 April 2020 - New Zealand managers have outperformed the markets during the Covid-19 disruption, in contrast to the experience of their international counterparts, actuaries MJW say.
Fund update and future outlook
11 April 2020 - Mint Asset Management portfolio manager Anthony Halls shares his analysis on the present market effects of Covid-19, an update on its individual funds and a look ahead to a post-virus investment world.
Penrich Capital liquidators appointed
9 April 2020 - McGrathNicol has been appointed liquidator of Penrich Capital, the Christchurch-based administrator of Penrich Global Macro Fund.
Inland Revenue outlines GST plan
25 February 2020 - Inland Revenue wants to introduce special rules for determining the GST treatment of fund manager and investment manager services.
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.
BlackRock coal move part of bigger shift
21 January 2020 - BlackRock’s decision to dump its investments in coal is part of a wider global surge in responsible investment, prompted in part by Australia’s latest bush fires, one New Zealand analyst says.
Problems identified with custody arrangements
15 December 2019 - New Zealand fund managers may have issues with the consistency and independence of their custody arrangements, the Financial Markets Authority has found.
Salt reopens fund
9 December 2019 - [UPDATED] Periods of volatility have reminded investors that markets can go down as well as up, Salt Funds Management’s managing director says, and that’s part of the reason why it has reopened its Long Short Fund. ADDED Research IP comment
Advisers invited to take part in new Fund Manager of the Year Awards
9 November 2019 - Good Returns has teamed up with Research IP and Darrin Howlin to continue funds management research and to launch a new awards programme.
KiwiSaver’s dark web
1 October 2019 - Some KiwiSaver funds could be less liquid than they claim.
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.
Maple-Brown Abbott appoints new lead
30 July 2019 - The Fund manager's new chief executive leaves Janus Henderson in Singapore for an October 14 start.
Fund managers question social media investments
20 March 2019 - New Zealand fund managers may reassess their investments in Facebook in the wake of Christchurch’s mosque shootings, as a group of large-scale investors call for change.
NZ fund managers better positioned than Australian: Researcher
13 February 2019 - New Zealand’s fund management sector has more competitive offerings than the Australian market – and less to worry about as regulators crack down.
Calastone switches to blockchain
5 December 2018 - Calastone, the global fund transaction network, is shifting its global network to blockchain in May 2019 to improve the way managed funds are bought, sold and reported.
'Interested parties' see potential to grow FundSource: NZX
3 September 2018 - The NZX is working with “several” parties on the sale of its funds management research business, FundSource.
Managers get benchmark leeway
24 July 2018 - A new exemption has been signed off that offers managers a way around the requirement to compare their funds to an appropriate market index.
Capital Group signs NZ deal
17 July 2018 - Capital Group (Australia), a wholly owned subsidiary of US-based global fund manager, Capital Group, has signed a distribution agreement with Heathcote Investment Partners for the New Zealand market.
Watch out for 'green-washing'
1 June 2018 - Investment advisers need to look closely at fund managers that promise "responsible" or "ethical" investment options, industry researchers warn.
Update on LVR restrictions; Commission not needed
31 May 2018 - New Zealand regulators say there is no need for a Royal Commission in New Zealand, however it is still looking closely at how our banks are operating....
Milford sees more opportunities in NZ market
9 April 2018 - Milford Asset Management has launched three new funds to retail investors – including an Australian version of its flagship fund, which has hit the limits of the New Zealand share market.
'Business as usual' despite correction fears
22 January 2018 - Fund managers are being told a shift to alternative assets could be a good move if they expect a downturn in 2018.
Client first 'means responsible investment'
18 January 2018 - New Zealand advisers and fund managers need to consider clients’ desire for responsible investment of their money if they are to meet their duty to act in clients’ best interests, the Responsible Investment Association of Australasia says.
2018 brings challenges for fund managers
22 December 2017 - Fund managers are expecting the next 12 months to be a tough, competitive year - but growth is still on the cards.
ANZ Investments' profit drop
18 December 2017 - ANZ New Zealand Investments has reported a profit fall in its most recent financial year. The fund manager reported $141.6 million in fee income for the...
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.
FMA loses newish senior manager to Pie Funds
8 December 2017 - A key member of the FMA's executive team is moving to a fund manager role.
Nikko plots KiwiSaver launch
6 December 2017 - Nikko Asset Management is to launch a KiwiSaver fund offered via roboadvice.
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.
Ethics matter in fintech era: CFA
23 November 2017 - Ethical considerations are becoming an increasingly important requirements of those involved in investment management and advice, the head of the CFA Institute in this part of the world says.
A survival guide for financial adviser licensing
21 November 2017 - All financial advisory businesses will begin a mandatory licensing process, but do not fear, the FMA comes in peace, John Berry says. In the first of two-part commentary he shares his views on what to expect and how to prepare for change.
Active managers go passive
20 November 2017 - Two people closely associated with active funds management have established a new ETF funds management business.
Why India and Tech funds count
16 November 2017 - Sydney-based manager Fiducian Asset Management took out a first and second place in the recent FundSource Fund Manager of the Year Awards. Managing Director Indy Singh joins Philip Macalister to talk about these winning funds.
Responsible investing missing the mark: White paper
1 November 2017 - New Zealand's responsible investment managers are too focused on exclusions, a new white paper says.
Fisher Funds: Industry should pull together
31 October 2017 - Bruce McLachlan has recently taken over as the Chief Executive of Fisher Funds Management, coming into the role from the Co-Operative Bank.
Pathfinder focuses on responsibility
2 October 2017 - Fund manager Pathfinder is rebranding, with a focus on responsible investing.
Getting to Know: Murray Harris
29 September 2017 - Murray Harris says financial advice is about much more than money and investments. But his time with the world's super-wealthy has given him added appreciation of both.
Local managers could miss out on passport benefits
15 September 2017 - New moves to allow international fund managers to more easily offer their products in New Zealand could lead to them “cutting New Zealand managers’ lunch”.
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.
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.
Managers issue risk warning
21 August 2017 - Fund managers are warning that the risk indicators they use in information for investors may make their funds seem less volatile than they really are.
Getting to Know: Binu Paul
11 August 2017 - Binu Paul is known in the industry for his fresh approach to the application of technology in financial services. But did you know about his plans to dabble in fashion?
Managers struggle to find index to report against
9 August 2017 - An exemption is being proposed for fund managers who are unable to find a compliant market index to use when they communicate to clients how their funds have performed.
Investing responsibly: passing the tipping point
8 August 2017 - Do you believe that well governed companies have better long-term prospects than their competition? If you do, then you have already taken the first small step to aligning yourself with a more sophisticated approach to responsible investing (RI).
Performance fees boost managers' earnings
2 August 2017 - Performance fees have helped to lift the fee revenue claimed by fund managers Milford and Fisher Funds.
Getting to Know: Richard Klipin
28 July 2017 - Richard Klipin is tackling the job of rejuvenating the FSC in a period of big change for the industry.
Fisher joins Rich List
24 July 2017 - A familiar face for advisers has been named among the country's richest people.
Luck might run out for passive managers
19 July 2017 - PM Capital's Paul Moore reveals why he believes passive investing is reaching peak momentum and why that should throw up more opportunities for active managers.
Performance fees still need work: Morningstar
19 July 2017 - [UPDATED, ADDS FMA COMMENT] Some New Zealand fund managers are still charging inappropriately structured performance fees, despite FMA attempts to offer guidance, Morningstar director of manager research ratings, Asia-Pacific, Chris Douglas said.
Europe recovery creating opportunities for investors
19 July 2017 - Good Returns talks to Julian McCormack, an investment specialist for Platinum Asset Management in Sydney. Platinum has $25 billion of funds under management, and the firm was set up by Kerr Nielson, who was very well-known in New Zealand many years ago.
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.
GRTV: Code working group, active v passive and the rising cost of financial advice
14 July 2017 - In this latest episode of GRTV, Mike Newton of advice firm Newton Ross discusses the "scary" make up of the new code working group, Hobson Wealth Partners' Warren Couillault talks about the rising cost of providing financial advice and finally Paul Moore of PM Capital explains why passive managers’ luck just might run out.
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.
Qualitative reports 'class advice'
10 July 2017 - Research provider FundSource will be able to deliver its reports direct to retail investors, now that they are classified as financial advice.
Active managers time is coming: Moore
8 July 2017 - Passive managers’ luck may run out over the coming years, one fund manager says.
Warminger slapped with hefty penalty (+ JUDGMENT)
30 June 2017 - The High Court has handed former fund manager Mark Warminger a substantial penalty but the appeals continue.
Biggest fund managers struggle to deliver returns: Researcher
20 April 2017 - Investors are being told to think twice before they put their money with the most popular fund managers.
Is that really advice?
13 February 2017 - What ordinary people think is advice, what we think advice is, and what the law defines as financial advice vary a bit. So what is advice? Does it matter if your client knows?
Client interests first (or business interests first?)
17 October 2016 - This commentary wraps up the three-part series on a financial adviser’s duty to put their client’s interests first.
Infrastructure fund open to Kiwis
15 September 2016 - An Australian fund newly open to New Zealand investors should offer a more defensive equity investment with lower cashflow volatility than global equities, its fund managers say.
Banks too dominant in KiwiSaver: Survey
4 August 2016 - New Zealand’s investment management industry is worried about the influence and domination of the big banks on KiwiSaver, a new survey has shown.
Managers struggle in volatile environment
19 July 2016 - Fund managers struggle to add value in periods of market volatility, one analyst says.
Diversified battle continues
15 July 2016 - The sale of Diversified Investment Strategies Ltd (DISL) occurred for lower than the market rate and with greater risk for the vendors, according to an industry expert.
Managers on borrowed time
15 July 2016 - There are fears many fund managers and DIMS providers may miss the mark for licensing under the Financial Markets Conduct Act, and find themselves shut out of business.
Boutiques take hold in NZ
24 June 2016 - KiwiSaver has been a driving force in the rise of boutique fund managers in New Zealand, one analyst says, but New Zealand still has a highly concentrated market with some capacity issues.
Platform aims for 'Xero of investment admin'
17 June 2016 - A new investment administration platform is offering fund managers the ability to break performance fees down to individual investors.
Agreement clears way for managers' international expansion
28 April 2016 - Fund managers will get more access to Australia, Japan and Korea under new agreement - and international managers will find it easier to offer product in New Zealand.
A fund manager fee conundrum
11 April 2016 - Research consistently shows a fund’s total fee burden impacts on long term returns for investors. As a general rule lower fund costs mean more left over for investors. This is certainly true of deep liquid markets (like large cap US equities) where information and skill is widely disseminated – it’s hard for one manager to repeatedly outperform over for 3-5 year periods. The bi-annual S&P Dow Jones SPIVA report on active manager (under) performance is compelling reading.
Wu: Don't expect Chinese improvement for some months
5 April 2016 - Advisers are used to fund managers speaking at roadshows, encouraging them to place clients' money in their funds. So what happens when one tells them not to?
FMC moves positive for clients: AMP
17 December 2015 - New disclosure requirements should make the funds management industry less scary for the average retail investor, one manager says.
GST decision could lead to higher fees
9 December 2015 - Fund managers' clients will end up bearing the brunt of increased costs if the IRD goes ahead with changes to their GST treatment, it has been claimed.
Fund managers told how FMA wants performance fees disclosed
2 December 2015 - The Financial Markets Authority wants more clarity for investors about fund managers’ performance fees but some in the industry are questioning whether it has overstepped the mark.
What you need to know about income funds
11 November 2015 - David Scobie, a senior consultant at Mercer, questions what part income funds should play in investor portfolios.
Banking firms leave New Zealand
10 November 2015 - Deutsche Bank is closing its operations in New Zealand and Goldman Sachs looks to shift its securities business to Sydney. While the move was seen as "commercially...
Managers behaving badly
5 November 2015 - Regulatory change is painful and time consuming for financial advisers and fund managers. But it is generally accepted that change for fund managers is needed, particularly around disclosure and fees.
TPP welcome for financial services
16 October 2015 - New Zealand signing the Trans-Pacific Partnership (TPPA) is likely good news for the financial services sector, it has been predicted.
Weekly briefs
19 July 1999 - Fund Manager of the Year, Commission's second warning, FIF deemed rate of return, Oyster Bay uncorked e
