David Chaplin

Australian fund managers are queuing up to enjoy the NZ experience. Clayton Coplestone, Heathcote Investment Partners founder, offers on-boarding advice…   Just a three-hour flight away with a good tailwind, NZ has long been a tempting destination for Australia-domiciled fund managers. We speak almost the same language, share strong historical and cultural links while offering… [Read More…]

Well-known NZ investment industry identity, David Boyle, is set to headline as a freelance KiwiSaver advocate to the people of Hastings later this month in a cause uniting literacy and financial literacy. Boyle will draw on his considerable experience both inside the funds management sector and a four-year stint with the Commission for Financial Capability… [Read More…]

Passive investing may have skewed the numbers but the index-hugging wall of money can’t break the maths of markets, a new GMO paper argues. An analysis published in the June quarter newsletter from the famed Jeremy Grantham-founded value manager, suggests the hyperbolic rise of passive funds has proved less of a danger to market fundamentals… [Read More…]

Centenarian fund manager, MFS, is one of few global investment firms with an in-built institutional grip on the much-vaunted ‘long term’. The Boston-based business claims the title as the originator of the open-ended managed fund structure in the US (known as mutual fund in its home country) with the 1924 launch of the Massachusetts Investors… [Read More…]

In the current AI-fueled rally, some companies will win – and others will disappear. And while some parts of the market look hideously expensive, it’s important to consider their long-term prospects. The ‘Magnificent Seven’ continue to gallop along amidst an AI-fueled melt-up that’s driven the S&P500 to new heights and left tech sceptics and permabears… [Read More…]

Investment administration specialist firm, Adminis, is poised to expand its range with a move into the fund-hosting business. Adminis will enter a market pioneered by fellow Wellington-based company and significant client, FundRock NZ (now part of the Apex group), as a front-of-house host for fund managers. Matan Gan-El, Adminis chief, said the decision to add… [Read More…]

Harbour Asset Management will diversify its global shares exposure with a new fund on course to accrue $150 million by Christmas. The soon-to-launch Harbour portfolio investment entity (PIE) will tap into a concentrated ‘quality’ international shares strategy managed by Canadian-owned firm, TD Epoch. Due to go live mid-July, the Epoch PIE joins the growth-oriented T… [Read More…]

The government legacy pension scheme manager, Annuitas, has hired Mercer for a broadened consultancy role put out to tender earlier this year. Annuitas sought pitches in February to provide “assurance and guidance on best practices” as well as investment advisory services to its two underlying schemes – the $5.2 billion Government Superannuation Fund (GSF) and… [Read More…]

NZX Wealth Technologies has seen assets under administration soar by almost a quarter this year with the latest client – the Alvarium-owned Newton Ross advisory firm – taking the platform above $14.2 billion. Lisa Turnbull, head of the NZX-owned investment platform, said the business has grown from about $11.5 billion under administration at the start… [Read More…]

A follow-up comparison study of Australian, NZ and UK pension funds has found KiwiSaver remains a no-scale but low-fee destination. The 2024 Deloitte Australia pension fund fees benchmarking report – sponsored by Generate – shows size appears to have little influence on costs across schemes analysed in all three jurisdictions. According to the report: “Increased… [Read More…]