An update from your Chief Investment Officer – Frank Jasper
Imagine a mythical pet store. It has cats and dogs and parrots. But this one has snakes and spiders and tigers too. Some animals in this store will make the perfect companion, enriching your life and bringing joy. Some will bite your hand off. In this kind of store, we would want choice. […]
Here is the Elevation Capital Value Fund monthly update for June 2019
June 2019
Market overview
A trade ceasefire between the United States and China towards the end of June prompted hope that the trade war would not escalate further (for now).
While the trade war impact on the United States economy is yet to fully play out, there is an expectation that the US Federal Reserve will cut […]
June 2019
Ethical Investing in Focus
June marked the start of the Atlantic hurricane season in the Northern hemisphere with 15 major weather events predicted (between 1980 and 2015, the average was five events a year!). To put it in context, the three consecutive, major hurricanes in 2017, Harvey, Irma and Maria were among the ten most costly insured natural catastrophes globally, with total […]
Here are the June Fund factsheets:
If you want to get broad overview of the responsible investment market in New Zealand, the recently released ‘Responsible Investment Benchmark Report 2019 New Zealand’ is a good starting point. The report is produced by the Responsible Investment Association Australasia (RIAA) […]
Key points:
China stimulus, global central bank easing and a China-U.S. trade-war ceasefire could set the scene for a rebound in the global economy later in the year. However, the inversion of the U.S. Treasury yield curve and the downtrend in business confidence indicators keep us cautious at mid-year.
Key market themes
U.S. President Donald Trump’s tariff increase on Chinese imports in May triggered the end of this year’s equity […]
Russell Investments advises of some changes to the Russell Investments New Zealand Fixed Interest Fund (“Fund”).
Key changes
[…]
China stimulus, global central bank easing and a U.S.-China trade-war ceasefire could set the scene for a rebound in the global economy later in the year. However, the inversion of the U.S. yield curve and the downtrend in business confidence indicators keep us cautious at mid-year.
We have an underweight preference for U.S. […]