Fund Manager News

Although it is often overlooked (perhaps because it is yet another rather inconvenient truth), the simple fact is that the COVID-19 Pandemic and the various Supply Chain Disruptions that have followed it has made most of us poorer. Producers cannot get components, staff shortages are rife within the service sectors, and the international tourism industry…

COP26 concludes with some progress made but not enough. New Zealand updates emissions target and signs methane pledge. International carbon credit trading supported through resolving technical provisions in Article 6 of the Paris Agreement. Implications for corporates to address climate change risks given greater expected regulation and investor scrutiny in aligning with net zero targets…

Central banks across the world face a dilemma. The economic recovery remains uneven. Inflation is running at levels associated with a red-hot economy while levels of employment in many countries remain well below pre-pandemic levels. For central banks, many of whom have dual mandates which target both inflation and employment, this is a conundrum. Until…

As the year draws to a close, Pie Funds CEO + Founder Mike Taylor takes a look back at the hottest topics. 1. The rise of Bitcoin Love it or hate it, cryptocurrency has grown in popularity and while I think it’s easy to dismiss crypto trading as speculation, this phenomenon is not going away.…

Investment markets have been in a Goldilocks period where low inflation has allowed central banks to keep interest rates low and buy government bonds to provide stimulus to economies. Low interest rates have been a major boost for share markets helping maintain growth but more importantly boosting valuations due to strong demand from investors. Low…

Update by Elevation Capital - October 2021 MONTHLY FUND FACTSHEET VIEW THE ENTIRE GLOBAL SHARES FUND PORTFOLIO INVEST NOW Investors in the Elevation Capital Global Shares fund own shares in Avid Technology, an industry-leading provider of high-end video and music production software. Avid Media Composer is the dominant film editing software amongst Hollywood and multi-million dollar productions,…

3rd November 2021: This month’s interest piece has been written by Devon’s Head of Retail, Greg Smith. While the initial public offering market has been subdued again this year in New Zealand, the same cannot be said across the Tasman. IPO activity has run red hot in Australia, with a steady wave of new companies…

Chief Investment Officer Mark Devcich on the latest market conditions. October was a strong month for global markets. Offsetting the weakness last month, stock markets, especially the US S&P500, which was up nearly 7% and global MSCI ACWI index up 5.6%, performed very strongly as companies reported robust results. These came especially from some of…

This month CEO and Founder Mike Taylor discusses the record rise of Tesla. Tesla: How it did it happen, and why did we miss it? Well investors seemed to have survived another October, historically a month that (in some years) coincides with sizeable market moving events. Whether the month of the year and negative events…

Country level emissions reduction targets expected to take centre stage to ensure a 1.5 degrees scenario is within reach. Carbon trading and ‘leakage’ likely to feature given the adjustment mechanism proposed by the EU. Financing the transition will be an important focus, particularly for developing countries that require support. Over the next few weeks, global…

Update by Elevation Capital - September 2021 MONTHLY FUND FACTSHEET VIEW THE ENTIRE GLOBAL SHARES FUND PORTFOLIO INVEST NOW As volatility increased during September we took the opportunity to increase our cash balance and opportunistically realise several of our investments: VIEW ALL REALISATIONS HERE FOR 2021 (AND PRIOR) Elevation Capital Global Shares Fund owns shares in…

Offshore wind farms are impressive structures. The latest turbines stand 250m tall, with rotors sweeping an area three times the size of Eden Park, each turn generating enough power to run a house for two days. Installed in groups of several hundred spaced a kilometre apart, it’s no wonder that many wind farms become tourist…