hey

a1

Fisher fades as Mercer mounts late retail run in 2016

24 Apr 17 - InvestmentNewsNZ: Mercer struck form in the December quarter after growing NZ retail funds under management (FUM) by almost 11 per cent, more than double the rate of its nearest competitor, new data from Australian research firm Strategic Insight (SI) shows.

Read more >
a1

Growing divide in risk profile hits KiwiSaver returns, MJW survey

24 Apr 17 - InvestmentNewsNZ: Divergent asset allocations have come to the fore again in the KiwiSaver market with Milford Asset Management producing stand-out results – at both ends of the scale, the latest Melville Jessup Weaver (MJW) quarterly investment survey shows.

Read more >
a1

Wave of new managers to hit direct fund platform

24 Apr 17 - InvestmentNewsNZ: A new clutch of managers has signed on with online fund platform, InvestNow, with five Fisher Funds products first off the rank.

Read more >
a1

Fund ops exported to NZ as ANZ builds new team in Auckland

24 Apr 17 - InvestmentNewsNZ: ANZ Investments has reshuffled and added to its Auckland-based team after repatriating some core portfolio management functions from Australia where the blue bank’s wealth division is looking to outsource manufacturing.

Read more >
a1

Warminger, FMA appeal

24 Apr 17 - Goodreturns.co.nz: The Financial Markets Authority is appealing a judge’s decision that eight of Milford Asset Management portfolio manager Mark Warminger’s trades did not manipulate the market.

Read more >
a1

Want to live til you're 90? Better live like a life insurer

24 Apr 17 - Stuff: The life and health insurance industry used to be an unhealthy industry to work in. Long hours, a drinking culture, and socialising with insurance advisers took its toll on the waistlines and fitness of the male-dominated industry.

Read more >
a1

Australian banks cut sales targets, NZ expected to follow

24 Apr 17 - Stuff.co.nz: The Australian parents of New Zealand's big four banks are pledging to overhaul the bonus structure paid to their staff.

Read more >
a1

Goldsmith, Seymour eye more robust regulatory analysis

24 Apr 17 - NBR: Regulatory Reform Minister Paul Goldsmith and his under-secretary David Seymour want government officials to provide more robust regulatory analysis under a tighter framework to avoid poor advice typically undermined by seeking a preordained solution.

Read more >
a1

Smartshares product manager Dean Anderson: Top 10 questions

24 Apr 17 - Interest.co.nz: Smartshares product manager Dean Anderson on not letting the daily news distract you, the Tao of wealth management, challenges for active investors, playing the long game and more.

Read more >
a1

NZ SUPER fund writes down investment

24 Apr 17 - NZ Super Fund: The NZ Super Fund remains committed to investing in early stage companies after writing down its investment in US wind turbine company Ogin Inc.

Read more >
a1

Simplicity cuts global credit on ESG concerns

24 Apr 17 - InvestmentNewsNZ: Fund disrupter firm, Simplicity, has sold down its global credit investments due to a lack of suitably-priced screened options.

Read more >
a1

Adrienne Duarte: Lesson's I've learned from a lifetime of investing

21 Apr 17 - Stuff.co.nz: OPINION: Some of my colleagues were amused when I mentioned recently that as a young teenager I spent some of my spare time reading company annual reports and prospectuses. But that's when I first took an active interest in investing.

Read more >
a1

Ballantyne: Advice businesses should be more businesslike

21 Apr 17 - Goodreturns: Insurance advisers should take some tips from other industries when it comes to investing in their own practices, Partners Life's managing director says.

Read more >
a1

Socially responsible investing (Part 3)

21 Apr 17 - Goodreturns: In this month’s commentary, Pathfinder looks at real world implications of responsible investment (RI).  Are RI returns better, worse or no different than market returns?  What investment options are available within NZ and from offshore?

Read more >
a1

Hedge Fund Flows Rebound in 2017

21 Apr 17 - Institutional Investor: The industry is achieving higher performance — with a few outliers even reporting three-digit returns — and investors are coming back.

Read more >
a1

Why not change the tax on retirement savings?

21 Apr 17 - Otago University research:  Instead of taxing housing harder, why not change the tax on retirement savings?  This paper provides an analysis of how the New Zealand tax system may be affecting residential property markets. 

Read more >
a1

IPSA Review – Issues paper

21 Apr 17 - Melville Jessup Weaver: The Reserve Bank has releasedd an issues paper for the review of the Insurance (Prudential Supervision) Act 2010 in light of the experience of insurers (and other stakeholders). 

Read more >
a1

Finally, inflation back over 2 percent midpoint

21 Apr 17 - newsroom.pro: Annual inflation finally rose back above the 2 percent midpoint of the Reserve Bank's 1-3 percent target band in the March quarter - five and a half years after it was last above the key level.

Read more >
a1

NZ Bond Yields Push Higher

21 Apr 17 - NBR: The spread between New Zealand's longer-dated bonds and their US equivalent increased as higher-than-expected domestic inflation helped solidify market expectations the central bank will be lifting rates sooner that it's forecasting.

Read more >
a1

NZ Super Fund performance report for March 2017

21 Apr 17 - The New Zealand Superannuation Fund has released its performance and portfolio report for March 2017.

Read more >
a1

Statistics New Zealand private super research released

21 Apr 17 - This article by Statistics New Zealand looks at private superannuation, one of the ways wealth is distributed in New Zealand.

Read more >
a1

Adviser numbers might halve

19 Apr 17 - It has been predicted that the number of advisers in the market could drop by up to 50% as the new regime beds in, writes Susan Edmunds.

Read more >
a1

David Simmers: Less super for the rich?

19 Apr 17 - Stuff.co.nz: OPINION: The current debate about superannuation seems to focus solely on the age of eligibility. This is disappointing; the equally important question of how to limit the amount paid to those who do not need state assistance is largely ignored.

Read more >
a1

The fearless market ignores perils ahead

19 Apr 17 - Financial Times Big Read: Volatility index has become the basis for aggressive products that create their own risks. 

Read more >
a1

Value investing now back in favour

19 Apr 17 - Nikkoam During the 2016 December quarter, we witnessed the value style stage a partial recovery after having underperformed for at least two years or so. Is this as good as it gets? Or will value continue to outperform after its initial recovery, after having being in the wilderness for some time?

Read more >
a1

America has a retirement problem, not a saving problem

19 Apr 17 - The Economist: HOUSE Resolution 67, which Donald Trump signed last week, rolls back a rule that the Labor Department finalised late last year, which would have made it easier for cities and counties to run retirement savings plans for citizens who couldn’t get them through work. 

Read more >
a1

International fund company layoffs

19 Apr 17 - Morningstar: Layoffs have recently surged among active managers, as investors continue to shift assets to passive funds. In 2016, a record $340 billion poured out of active funds, while passive funds gained $505 billion. 

Read more >
a1

Last attempt to change exemptions

19 Apr 17 - Goodreturns: Financial adviser groups have made one last attempt to get the rules tightened for accountants and lawyers who offer advice.

Read more >
a1

Obituary - Greg Jones

19 Apr 17 - Goodreturns: The man who has been described as "New Zealand's Mr Absolute Returns" man, Greg Jones, has died after a long illness.

Read more >
a1

Roger J Kerr on interest rates and 'geo-political risk'

19 Apr 17 - Interest.co.nz: Roger J Kerr doesn't see the 'geo-political risk' inspired reversal of interest rates continuing for long, but says the recent drop has provided an opportunity.

Read more >
a1

Inflation set to bound higher, but rates still on hold

19 Apr 17 - Radio New Zealand: A surge in annual inflation to its highest level in more than five years is not expected to spook the Reserve Bank or force any change to its interest rate policy, in the near term at least.

Read more >
a1

Craigs sees slowing growth in funds management

17 Apr 17 - NZ Herald / BusinessDesk: Craigs Investment Partners posted a 58 per cent gain in annual profit as a swelling pot of funds under management delivered a boost to fee income, however, the broking and research house sees the pace of that growth slowing. 

Read more >
a1

The Bill for HIdden Private Equity Fees: $4bn

17 Apr 17 - Institutional Investor: As public pension plans in the U.S. increasingly invest in private equity and other alternatives, funds may be paying more than $4 billion annually in unreported fees, according to Pew Charitable Trusts.

Read more >
a1

Banks treat the New Zealand economy as just a housing market

17 Apr 17 - Interest.co.nz: Following the money shows how they really think. Our banks treat the New Zealand economy as just a housing market, with lending for the real economy a relatively smaller focus.

Read more >
a1

A Scary Percentage of Retirees Blow Through Their Workplace Savings When They Take a Lump Sum

17 Apr 17 - Yahoo! Finance: A lump sum payment from a pension or 401(k) may sound appealing, but one in five Americans deplete the money in 5.5 years, a study shows.

Read more >
a1

Aussie retirees dip into super

17 Apr 17 - News.com.au: A growing number of retirees are dipping into their super savings to pay off debt or fund holidays.

Read more >
a1

John Roughan: Tampering with superannuation has done National no harm

17 Apr 17 - NZ Herald: Despite its timidity (an increase of two years starting 20 years hence) the decision was predicted by most commentators to be a political mistake, an "own-goal", a gift to Winston Peters in election year.

Read more >
a1

Asian markets fall as investors fret over tensions in Koreas

17 Apr 17 - AP: Asian shares fell Friday as investors fretted over rising geopolitical tensions, especially the situation on the Korean Peninsula. Many markets around the world were closed for Good Friday holidays.

Read more >
a1

Matt Whineray: Active versus passive investment

17 Apr 17 - Stuff.co.nz: One of the topics brought up in recent debates about the New Zealand Superannuation Fund is the difference between active and passive investment.

Read more >
a1

Lessons of GFC forgotten in New Zealand

17 Apr 17 - Interest.co.nz Infometrics says we've forgotten the lessons of the GFC and homeowners will struggle with mortgage debt as interest rates rise and house prices fall.

Read more >
a1

Getting to Know: Rod Severn

17 Apr 17 - Goodreturns.co.nz: "I am Rod Severn and I am the CEO of the Professional Advisers Association. We represent members in the Risk, Mortgage and Investment advice sectors of the industry."

Read more >
a1

RBNZ review needs ot be part of "root-and-branch" overhaul

17 Apr 17 - Interest.co.nz: David Hargreaves would like to seen any review of the Reserve Bank undertaken as a part of a root-and-branch overhaul of its governing legislation.

Read more >
a1

Are investors better off when investing with “superstar” fund managers?

13 Apr 17 - Otago University: You may think that when a fund manager wins a performance award, the investment fund they manage would fare even better, but University of Otago Business School accountancy and finance researcher Dr Eric Tan has found this isn’t necessarily the case.

Read more >
a1

Forum: Retirement Policy in an Age of Uncertainty

12 Apr 17 - Retirement Policy and Research Centre forum: Two overseas experts will bring an international perspective to the forum and outline the best-practice thinking on future uncertainties in Australia, US, UK and Ireland.

Read more >
a1

Why are bond managers weird?

12 Apr 17 - Institutional Investor: "It's an old saw in asset management: Stock pickers are optimists. Their picks, after all, have unlimited potential to rise on a good story; and thus enthusiasm and optimism are the default mien. Bond managers, on the other hand, are always looking at things to go belly-up, ultivating an emotional (and financial) protection against the downside.

Read more >
a1

Podcast: The remarkable calmness of gold

12 Apr 17 - The Economist: Despite rising tensions and fears of inflation, gold prices have stayed relatively still. "Our Buttonwood columnist explains why." 

Read more >
a1

Youi beats IAG as ‘worst transnational’ in NZ

12 Apr 17 - Insurance Business: South African insurer Youi has been recognised as the “worst transnational corporation operating in Aotearoa/New Zealand” in 2016; while last year’s winner IAG/State Insurance scooped second place, Pacific Media Centre reported.

Read more >
a1

Beware a 2019 recession

12 Apr 17 - Interest.co.nz: "Some superstitious investors worry about the chance of a global recession in 2017," says Harbour Asset Management.  "They figure that the stockmarket crash in 1987, Asian crisis in 1997 and start of the GFC in 2007 make this the obvious year for troubles in markets."  

Read more >
a1

Can NZX's new CEO turn the stock exchange around?

12 Apr 17 - NBR: The new chief executive of stock exchange operator NZX says New Zealand’s capital markets remain strong, although there is work to do to make sure it remains that way.

Read more >
a1

No time to legislate Reserve Bank changes

12 Apr 17 - Interest.co.nz: No possibility of govt legislating before election for 'technical' changes to Reserve Bank operations stemming from Treasury review, PM English says; Joyce requests review on OCR committee, Bank legislation overview.

Read more >


About us

The Financial Services Council (FSC) represents investment and life insurance companies in New Zealand.

Read more >

Services

Contact us

Ph: 021 0233  5414

Email: fsc@fsc.org.nz

PO Box 99581 Newmarket
 Auckland

facebooktwitter
prefooter-logo