Article written by Elevation Capital – 9th September 2020
Article written by Frank Jasper, Fisher Funds – 4th September 2020
This year has seen one of the most rapid shifts between fear and wild optimism I have ever seen. It has meant some of the toughest months on record and, like last month, some of the best. It’s easy to find your views getting increasingly polarised in times like this. That […]
Article written by Stephen Johnston, Milford – 18th August 2020
The world has changed dramatically in the last five months and the pandemic has had a profound impact on all our lives in New Zealand.
In my investment career, I have experienced all sorts of shocks, from global recessions and banking crises, to terrorist attacks and natural disasters, but this is my first global pandemic.
While every shock is different, and […]
Article written by Marissa Rossi, Milford – 25th August 2020
If there was ever a time when strong financial metrics were the single trademark of a good company, that time has long passed. As responsible, fundamental investors at Milford, there is much we need to know beyond the profit a company will generate this year or next.
The value of intangibles assets such as brands, licences and goodwill account […]
Article written by Harbour Team – 8th September 2020
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.
Article written by Pie Funds – 7th September 2020
Reporting season wins
August was a strong month for markets all-round. The typical reporting season boost (quarterly for global companies and half-yearly for Australasian companies) yielded large share-price movements across the portfolio and, in most cases, results were well received.
The past six months have been a great stock picking environment […]
Article written by Mike Taylor, Pie Funds – 7th September 2020
It’s not often in your career such large outperformance is possible, let alone achieved.
However, August will go down as a one of our best months on record, with all funds in positive territory and two funds achieving over a 10% return. Notable mention is to the Australasian Growth 2 Fund which was […]
Article written by Jorge Waayman, Harbour Asset Management – 10th September 2020
Many of New Zealand’s largest listed companies reported their financial results, as well as their sustainability initiatives, for the year and we observed some key themes this […]
Article written by AMP Capital – 18th August 2020
There are two concerns with expecting a recovery that sees activity and labour markets return to where they were prior to the onset of the virus. The first is the risk of a viral resurgence. This is already playing out to some extent in the United States and Australia, delaying re-opening efforts and likely leading to a slower pace […]
Article written by ANZ – 31st August 2020
International equity markets continued their surge higher last week. The benchmark U.S. S&P 500 index climbed 3.3% for the week and reached an all-time high. The weekly gain meant that the U.S. market has risen eight out of the last nine weeks. Markets in Europe were broadly higher as well.
Closer to home, the NZX 50 was also higher by […]