InvestNow News – 13th Mar 20 – Devon Funds – Monthly Investor Report February 2020

Better Governance Required at the Top

This month’s interest piece is an article written by our Chairman, Paul Glass. As you will be aware, corporate governance is an issue that we take very seriously at Devon, and we believe that good governance standards should also apply to the New Zealand Government.

However, before we examine these governance matters, we felt it appro- priate to first comment on the evolving situation […]

InvestNow News – 13th Mar 20 – Pie Funds – Market Watch … Unchartered territory for Coronavirus epidemic

Mike and Liam follow up on last months’ episode and discuss how markets fare as Coronavirus fall-out spreads.

AS THE SPREAD OF THE COVID-19 CORONAVIRUS TAKES US INTO UNPRECEDENTED TERRITORY, INVESTORS WILL HAVE TO COPE WITH INCREASED VOLATILITY AND SOME BIG MARKET FALLS.

“In modern times we haven’t seen an epidemic of this scale,” says Pie Funds chief executive Mike Taylor. “So for investors it’s about trying […]

InvestNow News – 13th Mar 20 – Pie Funds – CIO Report: earnings season overshadowed by coronavirus

6 Mar – CIO Report: earnings season overshadowed by coronavirus

Opportunistic buying on market sell-off

February was a tough month for the funds. Usually in February we see big movements in our Australian positions as they report their half-year results. This earnings season, however, was overshadowed by the spread of the Coronavirus outside of China. A number of companies used the reporting season update to give early indications […]

InvestNow News – 13th Mar 20 – Pie Funds – A Message from Mike: Dramatic end to month

6 Mar – Mike’s update on how we see things unfolding as coronavirus fall-out spreads

Coronavirus – Dramatic end to month – February fall fastest us stock market correction ever.

What happened?

February will go down as one of the most volatile months in history for asset prices with dramatic moves as news broke the novel Covid-19 virus had spread from its epicenter in Wuhan to other parts of the […]

IInvestNow News – 13th Mar 20 – AMP Capital – Market Watch – March 2020

05 Mar 2020 – Greg Fleming – Head of Investment Strategy

In this extended update, Greg addresses the current uncertainty in markets given the rapid escalation of the Coronovirus crisis. He covers the sharp falls across growth assets over February and what this means for our asset allocation positioning going forward. Until there is some clarity on the current situation investors should expect continued volatility for some time. We […]

InvestNow News – 13th Mar 20 – ANZ Investments – Weekly Snapshot

International equity markets had one of their more volatile weeks with some indices recording daily gains and losses of more than 3% in four of the five trading days. In the US, all three major indices eked out gains for the week, but remain around 10% off their all-time highs made in late February. Down under, the NZX 50 finished the week higher, while the ASX 200 ended the week in […]

InvestNow News – 13th Mar 20 – Mint Portfolio Returns & Commentaries – March 2020

Global equity markets endured a significant correction late in February. The US market was down 8.2% for the month, but was up in the early part of the month on confidence that China’s unprecedented efforts to contain the Covid-19 virus would be successful. With evidence later in the month that the outbreak was spreading beyond China, the market became increasingly concerned and the US market fell 11.5% in […]

InvestNow News – 13th Mar 20 – AMP Capital – Fallout from Covid-19 – a fixed income perspective

9 Mar – Warren Potter – Senior Portfolio Manager

As novel coronavirus or COVID-19 moves from just a Chinese outbreak to something approaching a global pandemic event, market volatility has increased substantially and market liquidity is becoming more constrained. The economic fallout from the virus has transitioned from something akin the SARS outbreak where there was a reasonably quick V-shaped rebound in economic activity to something […]

InvestNow News – 13th Mar 20 – Harbour – Short term uncertainty reigns

9 Mar 20

Key points

• The spread of COVID-19 outside of China dented sentiment during February, causing global interest rates and equity prices to fall sharply.
• US political risk was elevated during the month, as polling and early primary results saw Bernie Sanders emerge as the frontrunner in the race to become the Democratic candidate for the US Presidency. He since has dropped to a clear second favourite, behind Joe Biden. […]
  

InvestNow News – 13th Mar 20 – AMP Capital – Corona crisis intensifies, but corrections ultimately provide opportunity and reward quality

10 Mar 20 – Greg Fleming – Head of Investment Strategy New Zealand

Global markets are currently in a state of turmoil as the COVID-19 virus crisis continues to run amok and government action is perceived as inadequate. While commentators are raising the probability of a recession to a near-inevitability, it should be remembered that interest rates are at historical lows and moving […]