InvestNow News 11th Oct – Pie Funds – A message from Mike: Keep your eye on the bull

3rd October, 2019 – Mike Taylor, CEO

Strong gains in Australasian funds

Dividend, Emerging and Growth 2 had another record-setting month, all pushing to new highs. Recently, I discussed with investors how Pie handles market uncertainty. For us, uncertainty = volatility = opportunity = return. Earlier this year, the Australasian team took advantage of the sell-off from 2018 to get set in key positions (while remaining cautious). […]

InvestNow News 11th Oct – Pie Funds – CIO Report: Keep calm and carry on evaluating cashflows

7th October, 2019 – Mark Devcich, Chief Investment Officer

This quarter has seen a continuation of strong equity market performance. Falling interest rates drove the NZX50 up 4.0%; the New Zealand 10 yr fell from 1.6% at 30 June to 1% by 30 September. During the quarter, the RBNZ also cut the official cash rate by 50bp, a rare double cut, given concerns around flagging business confidence […]

InvestNow News 11th Oct – Pie Funds – Fund Update – Sep 2019

7th October, 2019 – Mike Ross, Senior Investment Analyst and Portfolio Manager

The Dividend Fund returned 11.3% during the September quarter versus the benchmark return of 3.1%. The fund held an average cash balance of 32% over the quarter with market hedging.

Data#3 (ASX:DTL), Baby Bunting (ASX:BBN), Eclipx (ASX:ECX) and Austal (ASX:ASB) were the largest contributors to returns during the quarter. Vista (NZE:VGL), Midway (ASX:MWY), SRG (NYSE:SRG) […]

InvestNow News 11th Oct – Pie Funds – How tech revolution toppled tomato sauce giant

7th October, 2019 – Article by Liam Dann, originally published by NZ Herald

It’s easy to see how the tech revolution has disrupted industries like media, transport and tourism – just think Facebook, Uber or Airbnb.

But if you want an example of the depth to which tech is shaking the foundations of the corporate world, take a look at ketchup giant Kraft Heinz, says Pie Funds chief investment officer Mark […]

InvestNow News 11th Oct – Elevation Capital – Monthly Update – Sep 2019

INTRODUCING ZOOPLUS A.G.

Zooplus A.G. [ZO1G.DE – Market Capitalisation € 794.5 million is a specialised online realtor of petcare products which is well positioned to benefit from the favourable tailwinds in the Petcare Industry.

Founded in 1999, Zooplus has been operating for more than 19 years and is today’s leading online retailer for pet supplies in Europe. Zooplus already ranks as the second largest retailer in terms of sales in the […]

InvestNow News 11th Oct – Morphic – Monthly Update – Sep 2019

Ethical Investing in Focus

September saw massive numbers of people turn out both in Australia and globally in the latest round of support of the 16-year-old climate activist Greta Thunberg’s student movement against the Climate Emergency. This was ahead of the UN Climate Change summit in New York on the 23rd of September where Greta, gave an emotional and powerful message to world leaders: “you are failing us”.

United across time zones and […]

InvestNow News 3rd Oct – AMP Capital – New Zealand Insights – September 2019

27^th Sept 2019 – Bevan Graham – Managing Director and Chief Economist

Our base case scenario for the New Zealand economy has been a slowdown in growth from the giddy heights of 2016 as capacity constraints emerged, business costs rose and population growth slowed. We had previously expected a temporary blip higher in growth in the second half of 2019 on the back of prior easing in fiscal policy, but […]

InvestNow News 3rd Oct – Harbour – The move to the public cloud accelerates

30th Sep 2019 – Kevin Bennett

We try to attend at least one global technology conference each year to keep abreast of latest developments, market trends and hot topics. Over the last five years, speakers have focused on many exciting areas with large market growth potential (covering online migration and SaaS business models disrupting the old world), consumers going mobile, big data and Artificial Intelligence (AI), and the Internet of […]

InvestNow News 3rd Oct – AMP Capital – Liquidity risk in cash portfolios

30th Sep 2019 – Warren Potter – Senior Portfolio Manager New Zealand

“Cash is king”, as the quote goes, refers to the attractive quality of liquidity offered by cash and cash-like securities, especially during periods of volatility in financial markets. AMP Capital’s Cash Fund (and to a lesser extent our fixed interest funds) is a key source of liquidity in an investors’ portfolio. Liquidity means that […]

InvestNow News 3rd Oct – Pie Funds – Small company investing often means a bumpy ride

18th Aug – Mike Taylor, CEO Pie Funds – published on nzherald.co.nz

Big things come in small packages. Unfortunately, that includes big risks.

A small listed company is a seed of growth or danger and it is often difficult to tell which. Small companies don’t always get the attention.

But the investors who love them, and many do, hope these small – if not always perfectly formed – […]