InvestNow News – 10th July – APN – Has COVID-19 changed the commercial office investment case forever?

Article written by Mark Mazzarella, APN – 2nd June

InvestNow News – 10th July – Pie Funds – CIO Report: The June quarter was the best quarter in more than 20 years for the US market

Article written by Pie Funds – 6th July

The June quarter was the best quarter in more than 20 years for the US market, following a horrid March.

WELCOME MAT IS OUT FOR EQUITY SPECULATORS

The June quarter was the best quarter in more than 20 years for the US market, following a horrid March. Covid-19 has continued […]

InvestNow News – 10th July – Harbour Asset Management – ‘Blame it on Rio’

Article written by Craig Stent, Harbour Asset Management – 9th July

Key Points

• Rio to leave, another Think Big Project bites the dust
• Rio Tinto has announced the closure of the New Zealand Aluminium Smelter (NZAS) from August 2021.
• Short term, the biggest impact on earnings will be felt by Contact Energy and Meridian Energy with stranded generation in the lower half of the South Island.
• Is it […]
  

InvestNow News – 10th July – Harbour Asset Management – Harbour Outlook: Stimulus trumps rise in infections

Article written by Harbour Team – 8th July

Key points

• Equities continued to bounce back with the S&P/NZX 50 Index returning 5.3%, S&P/ASX 200 Index (in AUD) up 2.6% and the MSCI ACWI Index up 3.0%.
• US employment growth has continued to surprise to the upside, with the improving economic data providing a stark contrast to the worsening COVID case numbers.
• Global COVID-19 containment measures […]
  

InvestNow News – 10th July – Legg Mason – The Diverging Fortunes of Emerging Markets

Article written by Alberto J. Boquin, Legg Mason – 29th June

This year’s COVID shock accelerated a secular decline in interest rates around the world. Emerging market (EM) rates are no exception. The yield on the JP Morgan Emerging Market Local Currency Index (GBI-EM) declined to a series low of 4.6% compared to a 6.3% average in the prior decade. However, looking at the index can be misleading […]

InvestNow News – 10th July – Pie Funds – A Message from Mike: Disaster, Disruption, Stimulus

Article written by Mike Taylor, Pie Funds – 6th July

Mike discusses our recovery in a post-Covid environment.

InvestNow News – 10th July – APN – Uncertainty facing Hong Kong spells both risks and opportunities for investors

Article written by Mathew Coleman, APN – 18th June

InvestNow News – 10th July – Milford – Health Care: A hunting ground for investment opportunities in uncertain times

Article written by Alexander Whight, Milford – 1st July

It is hard to believe just 3 months have passed since the market lows of late-March. Equity markets have moved quickly to price an economic recovery as countries around the world reopen and authorities step up with record fiscal and monetary policy support. But how sustainable is this improvement? The pandemic is far from over […]

InvestNow News – 3rd July – ANZ Investments – Weekly Snapshot

Article written by ANZ – 3rd July

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

International equity markets finished the week lower after a Friday sell-off saw weekly gains erased. For the week the three main indices in the US lost between 2% and 3%, while Europe, most stock indices recorded losses of around 1%.

In New Zealand, the NZX 50 declined around 1%, while in Australia, the ASX 200 […]

InvestNow News – 3rd July – ANZ Investments – The Month Ahead – July 2020

Article written by ANZ – 3rd July

Equity markets continued their bounce back in June, with some indices in the US, Europe and Australasia now more than 30% off their mid-March lows. Tech stock outperformance continued with the NASDAQ 100, a benchmark of US technology companies, hitting a new all- time high.

In economic data, we saw both the New Zealand and Australian economies contract in the first quarter […]