Fund Manager News

Signposts to watch out for in 2020 Equity investors have enjoyed an incredible ride over the past decade with the US S&P500 index rallying over 300% since early 2009, and New Zea- land’s NZX50 up by a similar amount. This performance has been supported by a range of sources including record low interest rates, massive…

Welcome to the latest issue of Capital Edition, our global publication designed to spotlight AMP Capital’s investments, people and ideas. In this month’s issue we discuss how: James Maydew believes that having culture and strategy on the same blueprint is an absolute imperative climate change is impacting the real estate sector, and how leaders and…

9th Dec 2019 Key points Equity markets rallied on the back of positive trade developments, better than expected earnings and improved activity indicators. The New Zealand market performed strongly on the back of a strong AGM and reporting season. Notably, the more defensive stocks which have outperformed in 2019 delivered weaker returns due to an…

For over 20 years our entire focus has been on one thing, investing in commercial real estate, and we have now turned our success at home into success outside our borders. If you are interested in getting more exposure to diversified portfolios, this 2-minute video will teach you how our investment philosophy works in Asia.

November 26, 2019 - Pete Morrissey Travelling to Japan is always something to savour. The people, culture, food and experiences are wonderful. And the opportunity to be there during the final stages of the rugby world cup was even better. Well, mostly. Losing to the English is never easy (I’m a Kiwi by birth), but…

Market overview Global share markets rose in November while global bonds started the month with a sell-off, before rebounding towards the end of the month. Overall, the US 10 year bond rose to 1.78%. The New Zealand share market lead the way (+4.9%), followed by the US (+ 3.6%) and Australia (+ 3.3%). Offshore markets…

THE PETCARE INDUSTRY OFFERS ATTRACTIVE  LONG TERM FUNDAMENTALS The pet care industry continues to experience secular growth both in scale and the revenue it generates per pet. The former is driven not only by a growing population but also the higher rates of pet ownership amongst younger generations. The latter is a symptom of the…

2nd Dec 2019 - Tom Monti - Investment Analyst The Prime Minister of New Zealand recently announced an upgrade to our free trade agreement (FTA) with China, heralding it as “the best free trade agreement China has with any country”. This concludes three years of negotiations of the agreement that was first established in 2008.…

Looking out to 2020, Senior Analyst Frances Sweetman doesn’t expect the sort of performance from the New Zealand share market that we’ve seen this year. Looking at the big picture how are we positioning our funds for the year ahead?

At the start of 2019 many investors were predicting a difficult year. Portfolio Manager Mark Riggall discusses why this didn’t happen and how Milford used a flexible approach to deliver value over the year.

2nd Dec 19 - Giuseppe Corona - Head of Global Listed Infrastructure - Infrastructure London Introduction Generating positive investment returns isn’t about skating to where the puck is, but where it will go next. Infrastructure investment is no exception. One of the typical characteristics of an infrastructure investment is that it has high fixed costs. This is a…

19th Nov 19 - Andy Gardner - Investment Manager, Global Equities - Equities Sydney In our previous article on long-term investment strategy we outlined the qualities that we seek out in companies and investment opportunities as part of a strategy that prioritises value from fundamentals, rather than increasing multiples. Here we apply that lens to two iconic brands…