Fund Manager News

Portfolio review The Fund fell -0.3% in June, trailing global markets for the month (1.9%). Global markets fell -0.7% in USD terms, with a decent fall in the Australian dollar providing a cushion for Australian investors. If May was characterised by a lack of direction, June was about“divergence”. President Trump’s trade rhetoric and increasing “titfor…

9th July 2018 Key developments In recent months we have highlighted how economies and markets seem at a crossroads. In June, there was further evidence of an upcoming moderation in domestic economic activity whilst cost pressures appear to be rising. Looking forward, this is a theme that remains near the top of our list of…

6th July 2018 Watch a recording of the July 2018 Market Watch update from Bevan Graham, NZ Chief Economist AMP Capital (click the image below)

Bevan Graham, NZ Chief Economist AMP Capital 6th July 2018 Continued weakness in business confidence is posing downside risks to the growth outlook. From an RBNZ perspective it’s not as simple as lower growth meaning lower interest rates. Lower growth can still be consistent with higher inflation in a capacity-constrained economy. Our base case remains that the next…

In June, James Mitchell (Russell Investments Senior Portfolio Manager, Global Fixed Income) visited New Zealand presenting his outlook for Global Fixed Income.  Russell Investments have put together a record of the main topics that James covered during his presentations. Read the full Q&A here.

If you missed the webinar hosted by Greg Fleming (AMP Capital, Head of Investment Strategy NZ) on their Income Generator Fund, or would like to take another listen at what was covered, here is a link to a recording of Greg presentation.

Australia's Time to Shine? At Devon we focus a significant amount of time and energy on the Australian stock market and we have a heavy investment weighting to it across many of our funds. In recent months our Australian exposure has performed well and has helped drive the good returns we have achieved, however over…

Here are the Top 30 most popular funds on InvestNow as at 30th June 2018.  The chart shows the percentages of portfolios which have invested in the Top 30. Here are some interesting highlights from the data: 30% are passive funds 47% are international equities funds 33% are Australian equities funds 7% are listed property…

AMP Capital will be hosting a live webinar for their Income Generator Fund. Greg Fleming, Head of Investment Strategy, will be providing an update on how the fund has been performing in the current market. The live webinar takes place Thursday 5th July 9:00am to 9:45am. During the call he will cover: How the Income…

On June 28th, Haseko (1808 JT) will hold its annual general meeting. Haseko is Japan’s largest specialist builder of condominiums. Ahead of this meeting Morphic Asset Management has called on the company to make important changes to its governance, business strategy and capital management. Morphic Asset Management runs three ESG long short funds with a…

We often meet with current and new fund managers to discuss additions to the range of funds we offer.  One such fund manager is India Avenue Investment Management, who we meet earlier this month.  Specifically we discussed their India Avenue Equity Fund which invests in listed stocks in India. Here is the May Factsheet for the…

  AMP Capital hosted a presentation where experts from both AMP Capital and Hexavest spoke about their views on global equities for the remainder of 2018.  Here is a recording of the presentation - it's just under six minutes long.