Fund Manager News

October Monthly Update NZ Housing Market – Correction or Crash It appears very likely that the New Zealand housing market will turn down – the question now is whether it will be a correction or a crash? In the decade since the GFC, most asset prices have risen strongly.  The actions of global central banks…

NOVEMBER 2019 A video explaining how the Global Multi Asset Fund works. Watch the video >

NOVEMBER 2019 November edition of Market Watch, filmed with Chief Economist Bevan Graham. Bevan talks through what was behind the market wobbles over the past month, and why we just see this as a correction for equities as growth remains strong and earnings outlook is positive. Watch the video >

SEPTEMBER 2018 // GLOBAL MARKET COMMENT Market Overview We are pleased to bring you the latest edition of Market Overview, a quarterly commentary on market events from Q3 2018. Key highlights from the quarter were: NZ equities made strong gains for the quarter, however gains were limited by a sharp drop in local business confidence…

9th November - Andrew Bascand, Managing Director With Andrew Bascand on a company research trip in Denver, Colorado, he has shared his on the ground views of the US mid-term election results and their implications. My impression is that the US equity markets are fairly sanguine following the US election result because right now it is…

T. Rowe Price Leveraging global insights to invest in the AI megatrend  Scott Berg, portfolio manager of the Harbour T. Rowe Price Global Equity Growth Fund, has recently published this piece on how T. Rowe Price uses their research platform to generate alpha for clients. Specifically, he discusses innovations in artificial intelligence (AI), changing the way companies…

EXECUTIVE SUMMARY Global growth was solid in the first half of 2018, though that relative stability is thanks to a US economy that has been going from strength-to-strength. Indications are the global output gap is broadly closed, as growth has improved and global inflationary pressure will gradually continue to build. Trade policy is the biggest…

Over recent weeks we have added new funds from Harbour Asset Management and Fisher Funds: Fisher Funds Conservative Fund Diversified fund 1.41% fee PDS Fisher Funds Growth Fund Diversified fund 1.53% fee PDS Here is what the team at Fisher Funds had to say about them: "The Fisher Funds Conservative Fund is a diversified portfolio…

24 October 2018 ESG is good for your wealth Public interest in environmental, social and governance (ESG) issues and the ensuing demand for these to be incorporated into investments has been noticeably increasing over time. In the eight years since Harbour Asset Management became a signatory to the UN Principles of Responsible Investing, a sea…

23 October 2018 - Performance Review & Outlook A TALE OF TWO REGIONS Over the last quarter, global markets were up about 3%. But it’s a really a tale of two regions if you want to call it that: the US was up by 7% but at the other end of the spectrum, emerging markets went…

25 October 2018 - AMP Limited to sell its Australian and New Zealand Wealth Protection and Mature businesses to Resolution Life AMP Limited announced it has sold its Australian and New Zealand insurance and mature businesses to Resolution Life, a specialist manager of legacy life insurance portfolios. It also announced an intention to explore options to…

17 October 2018 - Monthly Review Harbour Investment Horizon Our internal Macro Research Day is a chance to re-visit the research that anchors our medium-term view. Locally, we expect economic activity to moderate rather than slow sharply, and the RBNZ to remain on hold for a considerable time ahead to provide the best chance for…