InvestNow News – 15th May – ANZ Investments – Weekly Snapshot

Global equity markets continued their resurgence last week, with indices in the US recording gains of between 2% and 6%, while down under the NZX 50 rose 2.3%. Tech stocks continued to outperform with the Nasdaq Composite trading into positive territory for the year.

After a volatile few months, bond yields have settled into relatively (by recent comparison) tight ranges, with the US 10-year government bond yield spending the past few weeks either […]

InvestNow News – 15th May – India Avenue – Why Facebook Loves India

A few weeks ago, Facebook paid US$5.7bn for a 9.9% stake in Reliance Industries, Jio Platforms (JPL) business. That was the largest amount paid for a minority shareholding in the tech space on a global basis. Additionally, on the back of this deal, Silver Lake Partners (a large US PE firm with US$42bn of Assets Under Management) specialising in the tech space stepped up and added another US$750m for 1.1% […]

InvestNow News – 15th May – Morphic – Performance Report – April 2020

Ethical Investing in Focus

Despite the almost 100% focus on COVID-19, another large bank in Australia, Westpac, announced that they would be exiting all support for lending to the thermal coal industry by 2030. This builds on prior commitments from other lenders and Insurers who are increasingly worried about the financial viability of lending to those investments.

As a reminder, your Fund does not buy shares in any fossil fuel producing company.

Portfolio […]

InvestNow News – 15th May – Russell Investments – Transitioning fixed income assets in fractured markets

9 May 2020 – Travis Bagley

The coronavirus pandemic has roiled the global financial markets, with investors struggling to forecast the economic impact of an unprecedented global health crisis. The uncertainty is causing equity returns to fluctuate by triple digit basis points, while the fixed income market is heavily impacted by fragmented liquidity and higher trading costs. Trading fixed income assets since the onset of the pandemic in […]

InvestNow News – 15th May – Russell Investments – What’s next for China after COVID-19?

12 May 2020 – Alexander Cousley

Our outlook for the Chinese economy remains modestly constructive, with the path back to normalcy continuing, and more stimulus in the pipeline. In the shorter term, weak external demand (the global economy is either in final stages of lockdown, or very early stages of restarting) will be a drag on the manufacturing sector. Risks around the slowing of globalization and tensions with the […]

InvestNow News – 15th May – AMP Capital – Comments on RBNZ announcement

13th May – Carrick Lucas – Portfolio Manager

As expected the RBNZ announced an acceleration to its quantitative easing programme today, almost doubling support to $60 billion. While the OCR remains on hold the possibility of negative rates is on the horizon. In this short update we provide some thoughts on the key takeout’s from today’s announcement, and the implications for AMP Capital’s fixed income portfolios.

InvestNow News – 15th May – APN – AREIT sector webinar

This week we held a webinar on how these times have affected the AREIT sector by addressing the top questions that we are being asked right now.

You can now access a recording of the webinar here and a copy of the presentation here.

InvestNow News – 8th May – Mint – Active Management Well Ahead On Points

InvestNow News – 8th May – Milford Global Equity Update

InvestNow News – 8th May – ANZ Investments – Weekly Snapshot