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 equity market has delivered extraordinary returns to investors with the S&P/NZX50 Gross Index up almost 250% in that time (over 14% p.a.). This performance has been sponsored by […]

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.

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 painful and some of his most rewarding investments and the lessons he has learnt along the way.

Read more.

We asked John Berry, Co-Founder and CEO of Pathfinder Asset Management, to shed some light on their Commodity Plus Fund.  Here is what John had to say about the recent performance of the fund and how the fund operates:

“Another solid month for commodities and a strong one for the Pathfinder Commodity Plus Fund.  Momentum is gaining in what appears to be a young vibrant bull market when compared to the decade-old equity run-up.  After a strong first quarter +5.2%, the fund returned an additional 5% during April.

The fund operates by […]

In June we will be launching the new InvestNow News service, exclusive to InvestNow customers. 

InvestNow News will deliver news and information from our fund managers, direct to your inbox.  You will set your own preferences using any combination of the following, plus we will also send you articles that we believe you would want to receive:

• Fund types – Passive, Active, Australian Unit Trusts etc
• Fund sectors – International Equities, Commodities, Listed Property etc
• Fund managers

Watch out for your invitation e-mail in the next couple of weeks. […]

The Investor ID is a unique numerical identifier for each and every InvestNow account – it’s like an account number.

Because you can create multiple accounts with InvestNow, and with common characteristics, it’s the way we can uniquely identify each investor.

To find the Investor ID for your account, login and you will see the number displayed below the name of our InvestNow account in the block green bar at the top of the website (see below for an example):

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