InvestNow News – 15 January – Salt Funds Management – December performance update for the Salt NZ Dividend & Property Funds

Update written by Roger Clayton, Salt Funds Management – 13th January 2021

In New Zealand, the S&P/NZX50 Gross rose +11.4% in the quarter lifting the 2020 return to +13.9%. The performance in Q4 was led by Pacific Edge Biotechnology (+94%) on favourable research reports from two brokers, Fletcher Building (+53%) and Mainfreight (+52%) on positive earnings updates. The standout notable detractors were a2 […]

InvestNow News – 15 January – Harbour Asset Management – ‘Four More Years’

Article written by Craig Stent, Harbour Asset Management – 14th January 2021

We’re staying

• Rio Tinto and Meridian have today announced an extension to the Tiwai contract through to December 2024.
• The government has not as yet needed to provide any support
• We would expect further announcements on project development with Contact progressing the Tauhara geothermal plant and Meridian developing their Harapaki wind farm.

Former Wallabies Half-back, George Gregan, will be […]

InvestNow News – 15 January – Harbour Asset Management – Harbour Outlook: Growth continues to accelerate

Article written by Harbour Team, Harbour Asset Management – 12th January 2021

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

• COVID-19 hospitalisations continued to increase globally with new strict lockdowns in the UK. However, countries have moved to fast-track vaccines to manage the pandemic. At the time of […]
  

InvestNow News – 15 January – Pie Funds – CIO Report: Interest rates impact valuations

Article written by Mark Devcich, Pie Funds – 14th January 2021

Chief Investment Officer Mark Devcich discusses how interest rates impact valuations.

InvestNow News – 15 January – Pie Funds – A Message from Mike: The Bitcoin Bubble

Article written by Mike Taylor, Pie Funds – 14th January 2021

This month CEO and Founder Mike Taylor discusses the crypto craze, and what’s in store for 2021.

InvestNow News – 15th January – India Avenue – Great Expectations….of a new decade

Article written by India Avenue Investment Management Limited – 2021

India’s fundamental tailwinds of a SIGNIFICANT (1.4 billion), YOUTHFUL (average age 28) and ENTREPRENEURIAL (over 6,000 listed companies and 30% of GDP contributed by MSME’s) population, are expected to propel it to the third largest economy in the world by the end of 2030.

The growth in GDP is expected to be driven by the need for consumption and services […]

InvestNow News – 24th December – Nikko AM – November Investment Update

Article written by George Carter, Nikko AM – 2020

At first glance, the performance of financial markets during November was exactly what you may expect when there’s an announcement of a successful vaccine during a global pandemic – namely, that equity markets soared, bond returns were anaemic, the price of gold fell whilst oil prices lifted and “risk-on” currencies (such as the NZ dollar) appreciated.  It is arguably therefore no […]

InvestNow News – 24th December – Fisher Funds – CONSTRUCTING AN ALL-WEATHER PORTFOLIO – Four seasons in one portfolio

Article written by Harry Smith, Fisher Funds – 17th December 2020

When building a portfolio it is important to invest in a range of businesses that perform differently in a range of different scenarios. Diversification across sectors and between both cyclical and defensive businesses helps reduce portfolio volatility and exposure to any one unexpected scenario (like COVID-19).

In constructing our portfolio, we are consistently accessing […]

InvestNow News – 24th December – Fisher Funds – FISHER FUNDS’ SUMMER READING LIST – Great summer reads or last minute Christmas gifts

Article written by Fisher Funds – 17th December 2020

InvestNow News – 24th December – Harbour Asset Management – Harbour Macro Research Day: Light at the end of the tunnel

Article written by Hamish Pepper, Harbour Asset Management – 23rd December 2020

• Harbour’s internal Macro Research Day is a chance to hear from external research providers, challenge assumptions and anchor our medium-term view.
• Highly effective COVID-19 vaccines and early rollout are allowing investors to look past the current acceleration in northern hemisphere cases.
• The New Zealand tourism industry is likely to […]