Fund Manager News

31st August 2018 Market Commentary August was reporting season for many listed companies across New Zealand and Australia. Overall, results were in line with expectations and outlook statements were slightly soft. Against this backdrop, the Australian market rose 1.4% and the New Zealand market rose a remarkable 4.4%. Based on that return (the best performance…

10th September 2018 Key developments It was a strong month for absolute returns in New Zealand asset classes in August, with the NZX50 sharemarket index rising around 4.4% and the NZ Government bond index generating a return above 1.2%.This strong performance of financial markets sat in sharp contrast to the continued weakness of New Zealand…

The Fund rose 2.7% in August, trailing global markets for the month (3.6%). Global markets were up 0.6% in USD terms, with a significant fall in the Australian dollar providing the difference. Despite continuing uncertainty surrounding trade wars, a strong US earnings season supported a rally in the US (+3.1%), and Tech stocks bounced globally.…

7th September 2018 September edition of Market Watch, filmed this afternoon with Greg Fleming, Head of Investment Strategy. Greg covers what’s been another positive month across major equity markets and other asset classes. He also comments on the impact of the fall in the NZD and what direction this might take from here. Watch the…

23rd August 2018 Smartshares surpasses $3 billion in funds under management Smartshares, which manages New Zealand's range of Exchange Traded Funds (ETFs) and the SuperLife KiwiSaver scheme, has surpassed $3 billion funds under management (FUM). This is significant milestone for Smartshares having added an additional $1 billion in retail FUM growth in just over 2 years.…

Global listed infrastructure team update. Below is a link to the announcement from Head of Global Listed Infrastructure, Giuseppe Corona, about some changes to AMP Capital’s Global Listed Infrastructure team. "We are pleased to advise that Michel Debs has been appointed as portfolio manager/analyst in our London office. Michel will be responsible for the utilities infrastructure…

August Monthly Update Reporting Season  The recent reporting season in New Zealand provided investors with plenty of food for thought. While the reporting season was mildly positive (over half of our local stocks reported earnings that slightly exceeded analyst expectations), the market moved up by a remarkable 4.4% to record its monthly best performance in…

The Financial Statements for the AMP Capital Investment Funds for the period ending 31 March 2018 are now available. Download them from here >

5th September 2018 Bevan Graham, NZ Chief Economist In our “Themes for 2018” we postulated that, at some point around the middle of the year, concerns about China growth would re-emerge. We have not been disappointed. The concerns are partly China-specific. Assets have come under pressure recently reflecting a renewed slowdown in growth amid continued…

A new Prime Minister in Australia What happens in Australia matters to New Zealand. As a major trading partner our economic fortunes are inextricably linked. New Zealand wants a stable and prosperous Australia. This latest post is from our Chief Economist and Head of Investment Strategy in Sydney, Shane Oliver, and looks at the recent political turmoil and…

26th August 2018, Stuff.co.nz The recent sharp fall in the New Zealand dollar highlights that it's critical for investors to get high-level portfolio decisions right. The kiwi has been hammered against the US dollar, falling by around 10 per cent since April to a two-and-a-half year low. The reasons are many and varied, including US interest…

AMP Capital Global Multi-Asset Fund Webinar (recording) Goals-based investing is an approach which aims to help people meet their personal and lifestyle goals in a straight forward and simple way. It turns the traditional approach on its head - success is not about outperforming benchmarks or competitors, it’s measured by how well an investor’s portfolio…