• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer
  • Subscribe
  • Twitter
  • RSS Feed

Investment News NZ

Investment News provides financial advisers news stories from the financial industry in New Zealand. Subscribe to our free weekly newsletter.

  • Home
  • News
  • Kiwisaver
  • Subscribe
  • About
  • Advertise
  • Contact
You are here: Home / Search for "crypto"

Search Results for: crypto

Why instos will never go crypto

March 17, 2019

Crypto assets will never catch on with institutional investors until post-trade standards match those of traditional financial markets, a new report claims. According to a Depository Trust & Clearing Corporation (DTCC) white paper, the plethora of platforms trading the so-called crypto assets or “security tokens” require “appropriate rules and regulations” to govern post-trade risks. “Furthermore,… [Read More…]

Read More » Investment News

Senior Trust managers back new crypto-investment venture

February 3, 2019

In a first for the NZ market a new company is seeking up to almost $100 million to invest in cryptocurrencies via a Financial Markets Conduct Act (FMC) regulated share issue launched this week. The launch comes amid a low-ebb for the crypto market and an alleged exchange fraud in NZ that has disappeared upwards… [Read More…]

Read More » Investment News

Crypto damage controls up for review in UK

December 2, 2018

UK regulators are weighing up a range of a measures to rein in potential risks posed by ‘cryptoassets’. Christopher Woolard, Financial Conduct Authority (FCA) executive director of strategy and competition, told a UK symposium that government agencies were mulling new control settings in the wake of a report on the cryptoasset sector. Woolard said the… [Read More…]

Read More » Investment News

Sovereign funds favour equities, factors (but crypto-curious)

July 15, 2018

More than half of sovereign investors are overweight equities despite concerns about valuations, inflation and geo-political tensions, according to new research by Invesco. The sixth annual Invesco ‘Global Sovereign Asset Management Study’ found equities has overtaken fixed income as the biggest asset class across the 126 entities, representing a collective US$17 trillion, included in the… [Read More…]

Read More » Investment News

RBNZ ponders how the kiwi could go crypto

June 24, 2018

Adopting an official crypto-kiwi would have significant effects on both sides of the financial system ledger, a just-published Reserve Bank of NZ (RBNZ) paper has found. The RBNZ think-piece, authored by senior economic analyst Amber Wadsworth, concludes moving to a central bank-controlled digital or crypto-currency (two slightly different concepts) would have far-reaching consequences across all… [Read More…]

Read More » Investment News

Cryptos, robos face regulatory fire

May 27, 2018

UK and US regulators fired respective warning shots last week at fintech darlings robo-advice and crypto-currency. In its first review of the UK online advice sector published last week, the Financial Conduct Authority (FCA) found serious flaws in “disclosures and suitability processes” of 10 targeted firms. The FCA examined seven automated online discretionary investment management… [Read More…]

Read More » Investment News

IRD keeps fee GST decision on ice; applies heat to cryptos

April 15, 2018

NZ’s fund management industry will have to wait at least a few more months for clarity on how GST applies to fees. A spokesperson for the Inland Revenue Department (IRD) said the tax authority was “still considering our response” to industry feedback on two consultation papers closed off in March last year. Released in February… [Read More…]

Read More » Investment News

FMA gives heads-up on crypto-coin regulation

October 29, 2017

Most so-called ‘crypto-currency’ products and services offered to retail consumers in NZ would likely fall under the aegis of the regulator, according to Garth Stanish, Financial Markets Authority (FMA) director capital markets. Stanish said the rise of crypto-currencies and related offers such as so-called initial coin offerings (ICOs) had both regulators and consumers scratching their… [Read More…]

Read More » Investment News

Auto, crypto and the 3-D future: why Ark is on board

September 3, 2017

The autonomous taxi industry could generate annual revenue in “excess of US$10 trillion by the early 2030s”, Ark Invest founder, Catherine Wood, told a Nikko Asset Management roadshow audience in NZ last week. Wood said self-driving vehicles, expected to be on the market by 2020, would spark the rapid development of cabbie-less taxi networks that… [Read More…]

Read More » Investment News

Bitcoin: the nonsensical asset that makes sense for the times

January 17, 2021

When a 25-year-old English fund manager with £21 billion (A$37 billion) under management discloses it had made a sizable investment in bitcoin, it is bound to give the institutionalisation of the crypto currency a big kickalong. This is especially so when the manager regards bitcoin as a potential store of wealth and not an alternative… [Read More…]

Read More » Investment News

Allen Partners brings bitcoin manager downunder

December 13, 2020

Due to its open-source ethos, bitcoin has travelled an unconventional growth path. For starters, no-one seems to know who invented it (rumoured to be a Sydneysider, possible pseudonym Hitoshi Nakamoto) but what we know is when it will all end – in 104 years when the last bitcoin will be mined. Putting its start behind… [Read More…]

Read More » Investment News

NZ Funds hedges bets with new income product

October 11, 2020

Auckland-headquartered boutique investment firm NZ Funds has rolled out a new product tapping into to the growing demand for regular income as term deposit returns dry up. The just-released NZ Funds ‘Income Generator’ product has a target average annual return of 4-7 per cent over a five-year horizon sourced mainly from high-dividend Australasian stocks with… [Read More…]

Read More » Investment News

NZ share-trading splurge could trigger tax alarms…

October 5, 2020

The Inland Revenue Department (IRD) has put retail NZ share-traders on notice of potential tax liabilities amid a technology-enabled rush of novice investors to the NZX. According to an IRD spokesperson, the tax department has an ongoing “compliance programme that looks into share dealing activities”. “As new investors are attracted to the market, we will… [Read More…]

Read More » Investment News

Vice signaling: FMA flashes red warning light on industry practices

September 27, 2020

Advisory businesses are in the sights of the Financial Markets Authority (FMA) in the lead-up to a regime change next year with target practices spotlighted in a new report published last week. James Grieg, FMA head of supervision, said the regulator was seeking to raise awareness of consistent authorised financial adviser (AFA) and qualifying financial… [Read More…]

Read More » Investment News

Experimental projects target digital revolution for US public, private markets

May 25, 2020

US share trades could settle in almost real-time under a system being developed by global financial markets infrastructure giant, the Depository Trust & Clearing Corporation (DTCC). In a proposal tabled last week, DTCC outlines how a radical digitisation of capital markets infrastructure using new technologies including blockchain could take US share settlement times from the… [Read More…]

Read More » Investment News

Digital central bank money tipped for world dominance

May 11, 2020

Central bank-issued digital currency (CBDC) will appear “in relatively short order”, according to an influential global monetary think-tank, as governments grapple with private money networks and new distributional challenges. Following the recent launch of a digital money research wing, the Official Monetary and Financial Institutions Forum (OMFIF) says over the last few months the CBDC… [Read More…]

Read More » Investment News

Let’s GST again (like we did in 2013)

March 1, 2020

Wait long enough and most things come back in fashion, even tax moves. And last week the Inland Revenue Department (IRD) put a new twist on an old classic in a policy paper addressing the still unresolved issue of how to treat GST in fund manager fees. In the bureaucratic dance first set in motion… [Read More…]

Read More » Investment News

MMC opens front-end options with Invsta investment

November 11, 2019

MMC has followed up its surprise purchase of the ASB-owned Aegis investment platform early in October by taking a small slice of Auckland-based fintech firm, Invsta. Under the deal, Invsta will offer front-end technology – in particular onboarding and web portal tools – to MMC’s broader client base. Mint Asset Management is the first MMC… [Read More…]

Read More » Investment News

Back-office business builds blockchain bible

September 8, 2019

Global financial market infrastructure firm Depository Trust & Clearing Corporation (DTCC) has laid out a chapter-and-verse governance model for the nascent blockchain universe. In a just-published white paper produced with consultancy giant, Accenture, DTCC establishes eight commandments for running ‘permissioned’ blockchains – also known as distributed ledger technology (DLT). Unlike the headline-grabbing blockchain antics of… [Read More…]

Read More » Investment News

Industry body spreads the word on custody as ops come to the fore

September 8, 2019

The Australian Custodial Services Association turned 25 this year. It is one of those behind-the-scenes organisations which work away for the benefit of the whole industry without seeking much limelight. Well, it shone at the AIST’s ASI conference last week. In a “special interest” session at the conference, Rob Brown, ACSA’s chief executive, supported by… [Read More…]

Read More » Investment News

Next Page »

Primary Sidebar

WEEKLY NEWSLETTER

Sign up here to receive our weekly newsletter.
Learn More »

Most Recent Investment News

New Salt suite to spice up fund mix

January 17, 2021

Wealth head quits ASB for Tower job; Platinum loses Asia manager; Matterson moves from Milliman

January 17, 2021

Westpac follows ANZ with Northern Trust mandate…

January 17, 2021

… as Trust Management wins over another senior BT investment hand

January 17, 2021

Capital ventures into BlackRock’s ETF territory

January 17, 2021

Search by Keyword

Investment News

  • New Salt suite to spice up fund mix January 17, 2021
  • Wealth head quits ASB for Tower job; Platinum loses Asia manager; Matterson moves from Milliman January 17, 2021
  • Westpac follows ANZ with Northern Trust mandate… January 17, 2021
  • … as Trust Management wins over another senior BT investment hand January 17, 2021
  • Capital ventures into BlackRock’s ETF territory January 17, 2021
  • Fresh CIO role as South Pacific aims for co-investments January 17, 2021
  • Lessons from 2020: don’t stop thinking about tomorrow January 17, 2021
  • SSGA to push big firms on ESG, stays mum on merger January 17, 2021
  • Low-carbon switch: why electric future turns on listed infrastructure investor January 17, 2021
  • Bitcoin: the nonsensical asset that makes sense for the times January 17, 2021

Investment News Archive

Most Popular Articles

  • Westpac NZ flags retail advice sale to Forsyth Barr posted on October 19, 2020
  • The horror year in technicolour: free KiwiSaver 13 report released posted on September 30, 2020
  • NZ share-trading splurge could trigger tax alarms… posted on October 5, 2020
  • Flint set to spark platform competition posted on August 17, 2020
  • Four to the core: Smartshares to expand, rearrange and reprice ETFs posted on June 22, 2020
  • Kitset KiwiSaver scheme set to unwrap in spring posted on April 27, 2020
  • Funds eye bargains, self-shoppers hoard cash, KiwiSavers turn conservative posted on March 15, 2020
  • AMP Capital NZ chief quits amid equities exodus offshore posted on August 28, 2020

Sponosored Content

David-Boyle

On the industry play-list: four chart-topping regulations for 2021

David-Boyle

Charge of the lite (advice) brigade

Nathan Field

Pandemic Baby Boom a Bust

Star-date 2020: it’s inflation Jim but not as we know it

Quick-links to Popular News

  • FAP Compliance
  • Coronavirus
  • New Appointments
  • Financial Markets Authority (FMA)
  • Kiwisaver
  • Climate Change
  • Crypto Currency
  • Blockchain
  • Insurance

Secondary Sidebar

Recent News

  • New Salt suite to spice up fund mix January 17, 2021
  • Wealth head quits ASB for Tower job; Platinum loses Asia manager; Matterson moves from Milliman January 17, 2021
  • Westpac follows ANZ with Northern Trust mandate… January 17, 2021
  • … as Trust Management wins over another senior BT investment hand January 17, 2021
  • Capital ventures into BlackRock’s ETF territory January 17, 2021
  • Fresh CIO role as South Pacific aims for co-investments January 17, 2021
  • Lessons from 2020: don’t stop thinking about tomorrow January 17, 2021
  • SSGA to push big firms on ESG, stays mum on merger January 17, 2021
  • Low-carbon switch: why electric future turns on listed infrastructure investor January 17, 2021
  • Bitcoin: the nonsensical asset that makes sense for the times January 17, 2021

Footer

Copyright ©2020 InvestmentNews.co.nz — All Rights Reserved ·— Terms & Conditions