Fund Manager News

The Fund experienced a sharp rebound in the month of April, with a return of +4.35%. Pleasingly, this did not occur from simply taking on risk to chase the bounce in markets. We performed strongly on those days in the month when markets fell sharply. We question whether April’s liquidity driven move in markets can…

We invite you to join our live webinars.  During these calls our portfolio managers will: Discuss the performance of global markets and the current outlook. Outline the current positioning of the funds. Provide insight into the views of the underlying managers in these funds. You will have opportunity to ask questions via the webinar. These…

Market overview Global equities have risen by 28% since their March lows, and are now only 13% below their start of year levels. In April, the NZX50 rose 7.5%, ASX200 8.8%, the US S&P500 12.8% and the MSCI World index 10.9%. This despite a sudden and steep decline in economic activity. In the US, quarter…

5th Amy - George Carter - Managing Director The Government’s stimulus measures may have brought our economic engine spluttering back to life, but with economies not equipped to stop and start on demand, it’s time for us to collectively drop the clutch and press the accelerator to get it firing again. Ahead of this week’s market…

April 22, 2020 Pete Morrissey If you’ve been to your local shopping centre lately, well, I’m surprised. Deemed essential services, they remain open but have the feeling of a ghost town. Footfall, as visits are known in the trade, has been in freefall. Supermarkets are buzzing but discretionary retailers are closing their doors, despite no…

The world we live in is changing. APN, and the market more broadly has had to adjust. We would like to update you on how these times have affected the AREIT sector by addressing the top questions that we are being asked right now. When - Wednesday 13 May 11am (Melbourne time)/1pm NZT Speakers - Pete Morrissey,…

After two winning weeks, US equity markets finished marginally lower last week as economic data continued to come in below expectations and an unprecedented move in the oil markets weighed on sentiment. For the week, the S&P 500 and Dow Jones Industrial Average both fell around 1.5%. Meanwhile, the NZX 50 underperformed, falling more than…

InvestNow News - 1st May - Russell Investments - U.S. oil prices go negative, but it sounds more exciting than it really is 21 April 2020 - Mark Raskopf, Alex Cousley Headlines abound today around the fact that the U.S. oil prices have gone negative. However, it’s important to understand that this is a very technical…

25 April 2020 - Paul Eitelman - Senior Investment Strategist On a special, remotely recorded edition of Market Week in Review, Senior Investment Strategist Paul Eitelman and Research Analyst Brian Yadao discussed the recent historic moves in oil markets, newly released macroeconomic data points and the outlook for first-quarter earnings season. What drove U.S. oil’s…

There’s really only been one topic of discussion during March, and everything that’s been going on (whether in financial markets or just more generally) has been discussed within the context of COVID-19. There has been no shortage of media coverage of the enormous economic damage being suffered both directly as a result of COVID-19, and…

Executive summary The next few weeks will be dominated by the flow of data that will demonstrate the extreme negative economic effects of governments all around the world attempting to contain the spread of the COVID-19 virus. Most major developed and developing economies will fall into deep recession in the first half of the year,…

April 2020 Investor Webinar Morphic’s Portfolio Manager, Chad Slater, provided an update on the Funds’ performance for Q1 2020; discussed key portfolio positions; and detailed his outlook for markets during Q2 2020, and beyond. You can listen to the recording and view the slides here.