Managers not earning their keep

6 March 2017

Institutional Investor: Does the amount investors pay asset managers reflect the value they deliver? More than a third (37 percent) of global investors would say no, based on data from the 2016 global survey by the Investor Intelligence Network (IIN). More>

Harbour Asset Management named top fund manager of the year

3 March 2017

NBR: Independent fund research company Morningstar says Harbour is one of the best stewards of New Zealand investors’ money. It was also a finalist in the domestic equities and fixed interest categories. More>

Do You Want Currency Risk in Your Bond Fund?

3 March 2017

Morningstar: For the five years ended Jan. 31, 2017, the unhedged Bloomberg Barclays Global Aggregate Bond Index--which has sizable exposures to the euro and Japanese yen, along with a smattering of other currencies--delivered a paltry annualized gain of just 0.1%, much less than the 3.3% produced by the index’s U.S. dollar-hedged version.  More>

Insurer IAG claims social media first for NZ

3 March 2017

Insurance Business: IAG says it has achieved a New Zealand first and possibly an Australasian first too with its ability to offer ‘end to end’ social media customer service.  More>

Call to change insurance law to stop 'ruined lives'

3 March 2017

Stuff: New Zealand needs a law change to stop people "ruining their lives" by not disclosing relevant information to their insurers, the Insurance and Financial Services Ombudsman says.  More>

Women fall further behind in retirement savings race

3 March 2017

 Stuff: Wanganui woman Rebecca Black is worried about what time out of the workforce is doing to her retirement savings. She and her husband recently tapped into their KiwiSaver accounts to buy a first house. More>

Buffett: Indexing the best choice for investors large and small

3 March 2017

Morningstar: Berkshire Hathaway chairman and CEO Warren Buffett extolled the virtues of low-cost index funds and American dynamism in his annual letter to shareholders, released at the weekend along with the firm's 2016 results, writes Jeremy Glaser. More>

Dovish Reserve Bank says next OCR move could be a cut

3 March 2017

Stuff: Reserve Bank governor Graeme Wheeler has pushed back against calls for an interest rate hike, saying there was an even chance the next official cash rate (OCR) could be lower. More>

Pensions and Other Big Investors Increasingly Turn to ETFs

3 March 2017

Instutional Investor: Exchange-traded funds, like their traditional mutual fund cousins, were originally targeted at mainstream investors as an easy way to get exposure to segments of the stock and bond markets. Now large investors, such as pension funds and sovereign wealth funds, are increasingly turning to ETFs to help manage their liquidity concerns. More>

Economy expected to grow strongly in 2017 as confidence overcomes quakes

1 March 2017

Stuff: The Institute of Economic Research's (NZIER) quarterly survey of business opinion (QSBO) for December found a net 26 per cent of businesses expect conditions to improve over the coming year. More>