InvestNow News – 13th Mar 20 – India Avenue – Is India immune to the Coronavirus?

Where to from here for India?

Globally markets around the world peaked on February 20th, 2020 and since then have fallen roughly 20% in local currency terms (S&P500). Currencies have also been moving around in a volatile fashion. Typically, in this environment the USD is the most resilient currency. However, the DXY has also fallen 4% over this 2-week period. Safe-haven currencies over this period have been Gold, […]

InvestNow News – 13th Mar 20 – Salt – Feb 2020 Performance Update – Salt Dividend & Property Funds

NZ’s S&P/NZX50 Gross Index fell -3.9% in February.  The falls were led by Synlait (SML -32%) on weak guidance, NZ Refining (NZR -25%) on weak refining margins in Asia and Sky Television (SKT -22%) on further subscriber losses and an increasingly stretched balance sheet. The Fund marginally outperformed its benchmark in February, returning -3.81%. The largest tailwinds for the Fund unsurprisingly came from underweights in some […]

InvestNow News – 13th Mar 20 – Morphic Performance Report – February 2020

Ethical Investing in Focus

Regular readers will recall that one of the Fund’s investments, Alstom, was a leader in rolling out hydrogen fuelled trains in Germany. Australia is turning its attention to monetising renewable energy via producing hydrogen via the newly announced “H2 under $2” goal. Tasmania has announced a $20m renewable Hydrogen fund, along with $30m in tax concessions to build a 1000MW hydrogen plant in Bell Bay or Burnie, […]

InvestNow News – 13th Mar 20 – Milford – Market Volatility Update

You may have read some headlines around recent volatility in the market.  Rest assured the Milford team continues to actively manage your KiwiSaver through the ongoing developments relating to the coronavirus (COVID-19). We have been positioning your investments to cushion the impact of volatility, particularly in sectors heavily exposed to the potential economic impact of the virus.

After markets were initially slow to react, they have responded with increased volatility over recent […]

InvestNow News – 5th Mar 20 – Harbour – Surprise cuts necessary, but not sufficient

George Henderson – Mar 4, 2020

Key Points

• Overnight, the US Federal Reserve executed an out-of-cycle 50 basis point cut as financial conditions have deteriorated sharply over the last week.
• The closed circuit of declining confidence driving lower risk appetite, leading to increased financial stress and back to declining confidence, can be broken by government fiscal policy and monetary policy stimulus.
• We expect a concerted global effort across governments and central banks to […]
  

InvestNow News – 5th Mar 20 – ANZ Investments – The Week Ahead

InvestNow News – 28th Feb 20 – Milford – Are low interest rates changing investor behaviour?

InvestNow News – 28th Feb 20 – Milford – As the US-China trade war winds down, what’s up in US markets?

InvestNow News – 28th Feb 20 – Milford – Measuring the heat in the housing market

InvestNow News – 28th Feb 20 – Milford – What does the Wuhan coronavirus mean for the NZX?