Fund Manager News

June 2019 Market overview A trade ceasefire between the United States and China towards the end of June prompted hope that the trade war would not escalate further (for now). While the trade war impact on the United States economy is yet to fully play out, there is an expectation that the US Federal Reserve…

June 2019 Ethical Investing in Focus June marked the start of the Atlantic hurricane season in the Northern hemisphere with 15 major weather events predicted (between 1980 and 2015, the average was five events a year!). To put it in context, the three consecutive, major hurricanes in 2017, Harvey, Irma and Maria were among the…

Here are the June Fund factsheets: Salt Enhanced Property Fund Factsheet - 31 06 19 Salt NZ Dividend Appreciation Fund Factsheet - 30 06 19

Rebekah Swan | Jul 9, 2019 If you want to get broad overview of the responsible investment market in New Zealand, the recently released ‘Responsible Investment Benchmark Report 2019 New Zealand’ is a good starting point. The report is produced by the Responsible Investment Association Australasia (RIAA) each year and provides an update on the…

Chris Di Leva | Jul 12, 2019 Key points: Since the Global Financial Crisis (GFC), growth stocks have outperformed value stocks significantly. This follows a long period of outperformance for value. Whilst the “tech bubble” made some investors weary of technology and growth companies, valuation levels for tech companies today are significantly lower than 20…

China stimulus, global central bank easing and a China-U.S. trade-war ceasefire could set the scene for a rebound in the global economy later in the year. However, the inversion of the U.S. Treasury yield curve and the downtrend in business confidence indicators keep us cautious at mid-year. Key market themes U.S. President Donald Trump's tariff…

28th June 2019 Russell Investments advises of some changes to the Russell Investments New Zealand Fixed Interest Fund (“Fund”). Key changes Western Asset Management Company (“WAMCo”) added to the Fund’s manager line up. The Fund’s benchmark changed to the Bloomberg NZ Bond Composite Index. Full details here >

June 2019 China stimulus, global central bank easing and a U.S.-China trade-war ceasefire could set the scene for a rebound in the global economy later in the year. However, the inversion of the U.S. yield curve and the downtrend in business confidence indicators keep us cautious at mid-year. We have an underweight preference for U.S.…

Managing Director and Chief Economist, AMP Capital New Zealand Growth still subdued... The New Zealand economy continues to expand at a subdued pace, at least when compared to recent history. Growth is currently running at around an average 0.5% per quarter, or an annualised pace of 2%. The most recent data for the March 2019…

Greg Fleming, Head of Investment Strategy In this extended update Greg looks back on the first half of the year which despite bouts of volatility produced strong asset returns. June was a particularly strong month following trade and interest rate uncertainty in May. He also provides an outlook for the rest of the year and…

InvestNow News 5th July - AMP Capital -Fully charged: The future of electric cars 17th June 2019 Karin Halliday - Senior Manager, Corporate Governance, Sydney At the other end of the spectrum from Formula One is Fully Charged Live, a three-day car festival with a difference. Fully Charged Live is a festival of clean energy tech and…

June 2019 Will Interest Rates Support Share Markets, Again? Since November 2017 global interest rates have fallen sharply. While the trend towards declining interest rates over the last 30 years has been clear, the rate of decline has increased significantly and become more fascinating as interest rates approach zero. The most important benchmark for this…