InvestNow News – 26th March – India Avenue – Grassroots Report H1 – 2021

Report written by India Avenue Investment Management Australia Pty. Ltd.

Our Grassroots publication (half-yearly in frequency) focuses on providing readers with the necessary insights when contemplating, assessing or understanding an investment into India’s fast-growing economy. Whilst many investors are aware of the high GDP growth, driven by the strong fundamentals of a youthful, aspirational, and entrepreneurial society, it is the insights into what makes the economy tick, at a […]

InvestNow News – 26th March – Nikko AM – February Investment Update

Article written by Nikko AM – 2021

Commentary from George Carter, Managing Director, Nikko AM

The most talked about aspect of financial markets in February was the sharp rise in bond yields. In an almost mirror image reversal of the collapse in yields last March, during February we saw them surge upwards – for example the US Treasury 10yr yield rose from around 1.1% to around 1.4% during the month. This may not sound like […]

InvestNow News – 26th March – Fisher Funds – PROTECT YOUR SAVINGS AGAINST INFLATION

Article written by Fisher Funds – 19th March 2021

Inflation erodes the value of cash through time. Investors need to think about how to offset the impact inflation has on their wealth when planning for retirement. Investing in growth assets like managed funds and property can provide long-term inflation protection.

One of the members of our investment team fondly recalls a time when he could get a pie and a […]

InvestNow News – 26th March – Fisher Funds – IS INFLATION FINALLY ON THE RISE?

Article written by Harry Smith, Fisher Funds – 19th March 2021

Since the 1980s, inflation has been on a downward path from the mid-teen levels seen in the US during the ’70s and New Zealand in the ’80s. In the wake of the pandemic, with economies in the first innings of opening back up to business, there are growing fears that the inflation trend is about to reverse […]

InvestNow News – 26th March – Russell Investments – Lower for longer: Fed reasserts accommodative stance on interest rates

Article written by Erik Ristuben, Russell Investments – 20th March 2021

On a special, blog-only edition of Market Week in Review, Chief Investment Strategist Erik Ristuben and Head of Portfolio & Business Consulting Sophie Antal Gilbert discussed the recent high-level talks between U.S. and Chinese diplomats and the potential impact on markets. They also recapped the Fed’s announcement from its latest policy meeting and […]

InvestNow News – 26th March – Harbour Asset Management – Still a large gap in New Zealand output

Article written by Hamish Pepper, Harbour Asset Management – 19th March 2021

• The New Zealand economy shrank at the end of last year as the construction sector struggled to find the resources to continue to expand, while retail trade and accommodation activity dropped due to a lack of tourists.
• New Zealand is in a better position than many other economies, but there is still […]
  

InvestNow News – 12th March – Elevation Capital – Diageo

Article written by Elevation Capital – March 2021

Lockdown restrictions imposed by governments in response to COVID-19 has had a significant on the hospitality industry which has flow on effects to the alcoholic beverage industry. On-premise (restaurants, bars, etc.) sales in 2020 reduced as consumers were forced into accepting new routines. Diageo’s revenue fell by -23.61% from 30 June 2019 to 30 June 2020 while its share price fell -20.48% during the same […]

InvestNow News – 12th March – Harbour Asset Management – Harbour Outlook: Yields increase accelerating rotation

Article written by Harbour Team, Harbour Asset Management – 8th March 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.

• Both nominal and real bond yields increased sharply over the month. This saw interest rate sensitive stocks, such as the gentailers in New Zealand and long duration growth […]
  

InvestNow News – 12th March – ANZ Investments – The Weekly Snapshot – 8 March

Article written by ANZ – 8th March 2021

ANZ Investments brings you a brief snapshot of the week in markets

US equity markets had a volatile close to the week, erasing early-session losses on Friday to close the day up. At one point, the S&P 500 was down more than 1%, before closing up more than 2%.

However, growth stocks continued to broadly underperform last week, weighed down by rising […]

InvestNow News – 12th March – Salt Funds Management – February performance update for the Salt NZ Dividend & Property Funds

Update written by Roger Clayton, Salt Funds Management – 9th March 2021

NZ’s S&P/NZX50 Gross fell -6.9% despite a strong reporting season where earnings beats outnumbered misses by 5:1. The best performers were Vista (+14%) on the re-opening trade, Skellerup (+14%) on a strong result, while an improved outlook and rotation into cyclicals drove Westpac (+13%) higher. The biggest declines were seen in […]