Investment News

Direct-to-consumer platform, InvestNow, has added two famous names to its growing product range after listing funds from both Milford Asset Management and Platinum Asset Management last week. Under the just-inked arrangements, InvestNow members have access to the Milford Diversified Income Fund and the Platinum International Fund. Also from this … [Read More...] about Fund platform bigs up with boutiques, bank; Hunter slashes fees

The $3 billion Wellington-based financial services firm, Booster, is close to sealing a couple of new private equity deals as it surpasses $100 million of investment in local small-to-medium (SME) business ventures. Allan Yeo, Booster founder and managing director, said the group was in negotiations with a specialist manufacturing firm and a … [Read More...] about Booster eyes more NZ private equity deals

On May 20 this year financial technology firm, Calastone, hit a milestone after switching its 1,800 global funds management industry clients on to blockchain. But the dream back-office ‘seamless transition’ only represents “base camp” for blockchain in the funds world, according to Campbell Brierley, Calastone chief innovation … [Read More...] about From blockchain base camp: the search for the single source of truth

NZ independent financial advisers facing an imminent regime change can take heart from new UK data that shows the sector is flourishing there five years after a similar regulatory shake-up. Figures published by the UK Financial Conduct Authority (FCA) this month reveal that about 90 per cent of the 5,100 or so retail investment advisory firms … [Read More...] about UK advice firms thrive in reform era

The jury is in: ‘smart beta’ is active management not a passive play. In major annual shift in sentiment, the latest FTSE Russell global survey of the sector found just under half of institutional investors view smart beta – or factor-based investing – as an active punt compared to a third of respondents in the 2018 report. At the same time, … [Read More...] about Smart beta investors get off the active-passive fence

Institutional investors tend to be sceptical of the benefits of ETFs. ETFs have a wide spread, which can challenge an investor’s position. But increasingly they are being used for tactical purposes. BetaShares is setting the pace with new ETF offerings. Martin Currie Investment Management is the latest in the new BetaShares list, totalling 53 … [Read More...] about How ETFs are changing the landscape

About a fifth of Australian funds sustained outperformance records over long-term periods to the end of last year, according to new research from S&P Dow Jones. The S&P research, which matches a similar study the index provider carries out in the US, found that of the Australian-domiciled benchmark-beaters across all asset classes, … [Read More...] about Outperformance: why only 20 per cent of Aussies can sustain it

A recently-launched ‘charity-of-charities’ plans to help plug NZ’s growing financial generation gap by channeling surplus government pension payments to groups combating child poverty. Sarah Trotman, Spend My Super founder and chief executive, said while many retirees depended on the universal NZ Superannuation income for survival, the … [Read More...] about Super charity seeks support to turn pension into poverty-fighting weapon