Fund Manager News

Update written by Elevation Capital MONTHLY FUND FACTSHEET VIEW THE ENTIRE GLOBAL SHARES FUND PORTFOLIO INVEST Introducing: Universal Music Group Investors in the Elevation Capital Global Shares Fund own shares in Universal Music Group (UMG), the world's largest music company. We invite you to read our recent blog post on why we find UMG so…

This month’s interest piece has been written by Devon’s Head of Retail, Greg Smith. It has been one of the most volatile starts to a year on record, with the catalyst for investor angst not having been Omicron, but instead fears over rising interest rates, and the knock-on impact to economic growth. This has given…

Chief Investment Officer Mark Devcich on the latest market conditions. January was one of the more difficult months as the thematics that persisted at the end of last year became exacerbated, and there were few places to hide. Investors sold off stocks, especially faster-growing technology companies, as concerns about central bank liquidity withdrawals and increasing…

The Harbour Social Spotlight is a three-part series summarising our recent research project into ESG-related issues. (Part 1, Part 2) Modern slavery is a key social issue still occurring today and is a core aspect to be addressed as part of the United Nation’s Sustainable Development Goals In our final article following our research project on…

Global equity markets were strong in 2021 benefiting from accommodative central banks and record earnings growth to spur on returns Loose monetary and fiscal policy, implemented in response to the COVID-19 pandemic, has led to an increase in inflation, which central banks now need to combat Uncertainty around the exact extent of future interest rate…

As you may have seen or read, equity markets have started 2022 on the back foot. The weakness comes as inflation in many parts of the world remains at decade-highs, which has seen investors prepare for higher interest rates – a scenario where equities can underperform. Furthermore, geopolitical tensions in Europe have exacerbated the pickup…

This month CEO and Founder Mike Taylor discusses Pie's plan for the year ahead. Welcome back! After another year suffering multiple lockdowns it was great to have some freedom and enjoy some fantastic summer weather. Two of Pie’s international employees contracted Covid-19 (Omicron variant) over the break, but I’m pleased to say both have recovered…

Looking back on 2021 it is interesting to ponder how it will go down in history. Could it be seen as the year that inflation had a momentary resurgence before fading back into the background, or the year that entered us into a new normal? Could it be seen as the year that the 2021…

Chief Investment Officer Mark Devcich on the latest market conditions. November was on track to be another good month, continuing the strong momentum from October until the last week of the month. Global markets took a fall initially on concerns around heightened inflation and the news of the newest Covid-19 strain, Omicron. The virus mutates…

This month’s interest piece has been written by Devon’s Head of Retail, Greg Smith. As we enter December and the final stanza of 2021, the year will be remembered as anything but dull.  Markets have generally coped with a number of bolts from the blue, as economies have continued to rebound from the pandemic against…

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 MSCI All Country World (global shares) Index fell -2.5% in USD in November, taking the 3-month return to -2.0%. Returns in NZD were positive due to a weakening…

It is never far from our mind that the shares we own have a company at the other end of them. This seems obvious, yet in our experience the most important things in investing are the most obvious (“Rule #1: Don’t lose money; rule #2: Don’t forget rule one.”). Yet it bears repeating -- every…