InvestNow News – 12th June – QuayStreet – May Monthly Market Update

InvestNow News – 12th June – QuayStreet – May Monthly Market Update

INTERNATIONAL MARKETS

Risk on!

The benchmark MSCI World Index (NZD) rose 4.4%, building on last month’s rally. The defining theme for the month was the return of growth. Over the course of the month, the market moved from pricing in reflation to pricing in the combined impact of reopening and stimulus on growth. In the US, equities were buoyed by comments from several influential US Fed governors. St. Louis Fed President Bullard declared […]

By |2020-06-12T09:47:02+12:00June 12th, 2020|News|0 Comments

InvestNow News – 12th June – QuayStreet – Taking the bear by the horns

InvestNow News – 12th June – QuayStreet – Taking the bear by the horns

10 June 2020

Finding opportunities in volatile markets

The prospect of negative interest rates for the first time in New Zealand history will likely force many investors to rethink and possibly reset their asset allocations in the wake of the Covid-19 crisis.

“It looks very much like New Zealand is following Japan” says QuayStreet Investment Manager, James Ring, who adds that those who typically roll over 90-Day Bank Bill rates or rely […]

By |2020-06-12T09:40:14+12:00June 12th, 2020|News|0 Comments

InvestNow News – 12th June – Russell Investments – Live Webinar Series – NZ Investment Forum 2020

InvestNow News – 12th June – Russell Investments – Live Webinar Series – NZ Investment Forum 2020

We are pleased to invite you to the rescheduled Russell Investments Forum 2020. The way forward – Investment strategy in a changed world will cover a range of topics that we hope will help you to address the fundamental investment questions of the day. The event will feature a wide range of engaging speakers including representatives from the New Zealand Initiative, Morrison & Co., Pencarrow Private Equity, Harbour […]

By |2020-06-12T10:03:02+12:00June 12th, 2020|News|0 Comments

InvestNow News – 12th June – Salt Long Short Fund Fact Sheet – May 2020

InvestNow News – 12th June – Salt Long Short Fund Fact Sheet – May 2020

The Fund experienced another solid month in May with a return of +1.80%. This performance came despite sizeable levels of hedging via our high beta, highly-priced short book and several of our key longs being relatively moribund.

We are sceptical of the sharp market rally in recent weeks given it appears to be dependent on an enormous infusion of monetary and fiscal stimulus which will need to taper at […]

By |2020-06-12T09:57:28+12:00June 12th, 2020|News|0 Comments

InvestNow News – 5th June – AMP Capital – Market Watch June 2020

InvestNow News – 5th June – AMP Capital – Market Watch June 2020

Greg Fleming – Head of Investment Strategy

Strong returns during April and May have put markets on a firm footing going into the middle of the year, despite deteriorating economic data around the world. Greg breaks down the rebound across key asset classes and discusses our positioning for the coming months, as well as the sectors set to benefit, as economies slowly start to re-open following the […]

By |2020-06-05T10:50:21+12:00June 5th, 2020|News|0 Comments

InvestNow News – 5th June – Pie Funds – A Message from Mike: Running Back

InvestNow News – 5th June – Pie Funds – A Message from Mike: Running Back

5th June 2020

Mike’s update on the May rally which presented plenty of opportunity and broke some Pie records

Lock Down to Stocks Up

If April was about opportunity then May’s theme was recovery

Last month, I talked about how a crisis represented both risk and opportunity. Hindsight shows COVID-19 has so far provided investors with some fantastic opportunities in late March and April 2020, if you were willing to accept the […]

By |2020-06-05T10:38:59+12:00June 5th, 2020|News|0 Comments

InvestNow News – 5th June – Pie Funds – CIO Report: In May, even laggards performed

InvestNow News – 5th June – Pie Funds – CIO Report: In May, even laggards performed

5th June 2020

May was another month of strong returns for equity markets…

IT’S (NOT) THE ECONOMY, STUPID

May was another month of strong returns for equity markets and now some markets, such as the technology focused Nasdaq, are trading at record highs and well above where they started the year. This highlights the unpredictability of markets how they turn far before the economy does and the difficulty of predicting […]

By |2020-06-05T10:45:35+12:00June 5th, 2020|News|0 Comments

InvestNow News – 5th June – Pie Funds – Market Watch Episode 43: Pandemic, unemployment, riots – nothing rattles Wall Street

InvestNow News – 5th June – Pie Funds – Market Watch Episode 43: Pandemic, unemployment, riots – nothing rattles Wall Street

8th May 2020

InvestNow News – 5th June – Pie Funds – Market Watch Episode 43: Pandemic, unemployment, riots – nothing rattles Wall Street.

By |2020-06-05T10:42:53+12:00June 5th, 2020|News|0 Comments

InvestNow News – 29th May – AMP Capital – Inching towards greater fiscal integration in Europe

InvestNow News – 29th May – AMP Capital – Inching towards greater fiscal integration in Europe

28th May – Bevan Graham – Managing Director and Chief Economist,

The European sovereign debt crisis that reached its zenith over the period 2010-12 exposed a key structural weakness in the construct of the Eurozone common currency – the lack of a cohesive region-wide fiscal strategy. The Eurozone muddled through, though not without some tense moments, but fiscally-speaking ended up wasting the ‘best’ crisis since the Euro […]

By |2020-05-29T15:12:23+12:00May 29th, 2020|News|0 Comments

InvestNow News – 29th May – ANZ Investments – The Month Ahead – June 2020

InvestNow News – 29th May – ANZ Investments – The Month Ahead – June 2020

Global equity markets stabilised in May, albeit with periods of volatility, as the fallout from the COVID-19 (coronavirus) pandemic – both economic and societal – became a little clearer. The declining number of cases, or ‘flattening of the curve’, in Europe and the US provided some optimism, which saw a number of equity markets make modest gains through the first few weeks of May.

As we head into June, […]

By |2020-05-29T15:09:33+12:00May 29th, 2020|News|0 Comments