InvestNow News – 24th September – Harbour Asset Management – Is there a COVID-19 endemic equilibrium for investors?

Article written by Andrew Bascand, Harbour Asset Management – 23rd September 2021

• At some stage the world may learn to live with COVID-19 and, while that may be hard to believe in the middle of a local lockdown, this pandemic may eventually morph into an endemic.
• From an investment perspective, we need to accept that this is likely and it will allow markets to continue to […]
  

InvestNow News – 24th September – Franklin Templeton – High Yield Bonds in View: The Impact of Inflation

Article written by Matt Fey & Brian French, Franklin Templeton – 9th September 2021

Our high yield corporate credit team has been monitoring how inflation is impacting various market sectors, with an eye on four factors: input cost inflation, pricing power, impact to earnings and repricing vulnerability. Here, Matt Fey and Brian French explore which sectors may be more greatly impacted within these areas, and why corporate […]

InvestNow News – 17th September – Harbour Asset Management – Sustainability themes from reporting season

Article written by Jorge Waayman, Harbour Asset Management – 14th September 2021

• Climate change disclosure is increasingly prevalent
• Diversity and inclusion considerations are growing wider in scope
• The focus on human rights is rising with inaugural modern slavery statements

While New Zealand is grappling with the latest outbreak of COVID-19, many of the country’s largest companies announced their financial results, as well as their sustainability initiatives over the past year. […]

InvestNow News – 10th September – Elevation Capital Global Shares Fund – August 2021 Update

Update by Elevation Capital – For August 2021

VIEW THE ENTIRE GLOBAL SHARES FUND PORTFOLIO

MONTHLY FUND FACTSHEET

InvestNow News – 10th September – Pie Funds – A Message from Mike: US markets rally higher

Article written by Mike Taylor, Pie Funds – 8th September 2021

This month CEO and Founder Mike Taylor discusses US markets and the Federal Reserve’s approach.

InvestNow News – 10th September – Harbour Asset Management – Harbour Outlook: Delta fails to dampen equity markets

Article written by Harbour Team, Harbour Asset Management – 8th September 2021

The Harbour Investment Outlook summarises recent market developments, what we are monitoring closely and our key views on the outlook for fixed income and equity markets.

• The MSCI All Country World (global shares) Index rose 2.4% (in USD) in August, buoyed by positive earnings momentum and a more dovish than expected US Federal Reserve.
• The […]
  

InvestNow News – 3rd September – Harbour Asset Management – The Fed can taper without tantrum

Article written by Hamish Pepper, Harbour Asset Management – 1st September 2021

• As the US economy continues to improve, the US Federal Reserve (Fed) seems close to reducing its pace of bond purchases as part of its quantitative easing (QE) programme.
• Different to the “taper tantrum” of 2013, however, a reduction in purchases is widely expected and is not being associated with imminent interest rate hikes.
• US Treasury […]
  

InvestNow News – 27th August – Harbour Asset Management – Keeping the lights on

Article written by Craig Stent, Harbour Asset Management – 24th August 2021

• Decarbonisation and keeping the lights on will need significant investment
• Investment needs a stable policy environment
• Policy risk may have lessened with reviews targeted at better information sharing

Sitting at home in lockdown whilst juggling work, kids home schooling, plus various other household activities make you appreciate some things that we often take for granted.   The lights and heaters […]

InvestNow News – 27th August – Harbour Asset Management – Real Estate Investment Trusts – Quality over quantity?

Article written by Shane Solly, Harbour Asset Management – 24th August 2021

• Real Estate Investment Trusts (REITs) have delivered an attractive return relative to their lower volatility over the longer term
• The quality of New Zealand property returns has improved over the last 10 years with a higher weighting to industrial assets
• New Zealand REIT dividend distributions are now more sustainable, with most dividends now based […]
  

InvestNow News – 27th August – Pie Funds – What will happen to term deposit rates?

Article written by Mike Taylor, Pie Funds – 19th August 2021

There’s a lot going on with markets at the moment. Inflation, OCR increases, Chinese regulatory crackdowns – plus global lockdowns, reopenings, and more lockdowns. What’s next, and what could happen to term deposit rates? Markets are currently pausing for breath until we get some clearer direction, explains Pie’s CEO & Founder Mike Taylor.

What businesses benefit from higher inflation?
During […]