Fund Manager News

  Have you ever wondered when Responsible Investing started and what it is all about?  Watch this  quick presentation from Rebecca Lindegger, a responsible investing expert, from Pathfinder.      

The Pathfinder monthly update for May 2018 is available here, providing a review of fund performance and current events.

The Elevation Capital Value Fund monthly update for May 2018 is available here. Did you know that the fund invests in Tiffany & Co?  Read Elevation Capital's presentation on Tiffany & Co here.

As part of our commitment to strengthening our global listed real estate capability, we’re pleased to announce two further additions to our dedicated team. Hideharu Ichii has joined as a Portfolio Manager / Analyst in AMP Capital's Global Listed Real Estate team based in Hong Kong, and Anika Minocha has also joined the team as a Portfolio Manager/Analyst,…

Bevan Graham, NZ Chief Economist AMP Capital June 2018 The New Zealand economy is in fundamental good shape, though growth has proven softer than expected in the early part of 2018. The economy is close to running at full potential and has already maxed out capacity in the building and construction sector. Employment growth has…

A Look into Local Markets After what has been a very good month for the Devon Funds we thought it would be useful to acknowledge how well the local market has done over recent years and indicate where we see the potential opportunities in the future. Since the end of the GFC the New Zealand…

AMP Capital update announcing some changes to the Board of AMP Capital Holdings Limited as the latest step in enhancing our governance.   Read the full announcement here.

Portfolio review The Fund rose 0.4% in May, ahead of global markets (-0.1%). Global markets fell -0.2% in USD terms, with a small fall in the Australian dollar proving the difference. May saw markets rise only to then fall back, unable to break definitively in either direction. The politics of Italy dominated the headlines as…

The Harbour Outlook summarises recent market developments, what we are monitoring closely, and our key views on the outlook for fixed interest, credit and equity markets. Read the latest edition here.

A Morningstar analyst report is now available for Income Generator, providing further independent endorsement of the Fund alongside the FundSource report produced last year. The Fund received a four star rating, and some notable comments around the transparency of a set distribution rate for 12 months which is a unique product feature. View the report here.

Jack Lowenstein, co-CIO and Managing Director at Morphic has not taken the conventional path into professional investing. Having started his career as a journalist, Lowenstein has spent the last two decades investing in global equities. He describes himself as a ‘frontier investor’ willing to go where many are not. Jack shares some of his most…

Bevan Graham, NZ Chief Economist AMP Capital 13 June 2018 Recent events have put pressure on emerging market assets.  Our sense is these stresses are idiosyncratic to particular emerging economies rather than systemic. Financial markets seem programmed to believe that a rising US dollar and rising interest rates are bad for emerging economies. Remember the…