Fund Manager News

Harbour Navigator 2/04/2019 New Zealand government stock yields fell to record low levels across all maturities last week, as the Reserve Bank acknowledged the weaker global economic outlook and the ensuing risks to the domestic economy. We think: The economy has slowed but is still growing. Bond yields appear to be pricing in a recession, which…

A Trip to China In managing our clients’ NZ and Australian investments it is critically important to have a clear view on what is happening in China. China is not only the world’s second largest economy, it is also Australia’s and New Zealand’s largest trading partner (c. 20-30% of both countries’ exports) and its economic…

April 2019 INTRODUCTION On recent trips to the local supermarket you begin to notice that the cost of the shopping appears to be getting a little more expensive. Friends have been talking about a new store that has opened a few suburbs away and so you decide to visit it the next time. To your…

Greg Fleming, Head of Investment Strategy New Zealand Returns-chasing investors value top-performing funds and prioritise them for their investment allocations. But what does ‘top-performing’ actually mean? The naïve answer is that this is self-evident – the funds with the highest rolling returns over a given period – but this concept is quite misleading. Because investors are all…

April 2019 - Greg Fleming, Head of Investment Strategy New Zealand It’s been a very positive March Quarter for market returns, particularly in US and NZ equities, but gains are more muted now as global growth slows. Greg also discusses the key geopolitical risks we’re watching, as well as a possible rate cut on the cards in…

Matt Peek - Investment Analyst — New Zealand Shares and Property & Infrastructure | 21 March, 2019 Vista Group is a great example of what we look for in an investment. It has been a strong performer recently, hitting all-time highs. Vista is a little known New Zealand company that develops software for cinema exhibitors - last…

Ashley Gardyne - Senior Portfolio Manager — International Shares | 21 March, 2019 10 years ago global share markets hit rock bottom. In March 2009, the US share market had more than halved from its peak and the New Zealand market had fallen more than 40%. With the benefit of hindsight we now know the…

Robbie Urquhart Senior Portfolio Manager — Australian Shares | 21 March, 2019 One of our core investment beliefs at Fisher Funds is to only invest in companies that act responsibly.  What does this mean?  This means that we will not invest in companies that cause unconscionable harm.  This means that if companies engage in behaviour that…

Feb 2019 AMP Capital’s approach to ESG - The what, why and how AMP Capital is one of the longest-standing managers of responsible investment funds in Australia. Understanding how a range of environmental, social and governance (ESG) factors may affect an investment has long been an integral part of AMP Capital’s investment process. Long before becoming…

Rebekah Swan - Head of Distribution/Responsible Investment Specialist NZ In a post last year I introduced the topic of the United Nations 17 Sustainable Development Goals (SDGs). These goals are a call for action by all countries to promote prosperity while protecting the planet. They recognise that ending poverty must go hand-in-hand with strategies that build…

March 27 2019 Key points We don’t know yet which measures suggested by the Tax Working Group will be adopted by the Government. There is still a lot of water to go under the bridge. The proposed capital gains tax makes investing in New Zealand and Australian share markets less attractive, yet there is no…

Giuseppe Corona - Head of Global Listed Infrastructure, London The 5G network is the engine driving technologies such as smart cities, artificial intelligence, autonomous vehicles and virtual reality which will change the way we live. And enhanced communications infrastructure is the fuel driving that data-hungry engine. Learn more about the infrastructure players that are well placed…