Listed property was on song in 2019 before losing its mojo this year as the coronavirus struck. But are the real estate blues simply a crisis-triggered reversion to the mean or is something more fundamental at play? Mint Asset Management senior real estate portfolio manager, Carlie Eve, puts property in its place… Investors having a… [Read More…]
Platform transformation: inside the Harbour Asset Management business system improvement
Does your company depend on a mission-critical spreadsheet? You might run the risk of losing valuable data and making miscalculated decisions due to input errors. Find out how YouDo helped Harbour Asset Management turn their Gross Returns Spreadsheet into a powerful and permanent software solution that would become an invaluable company asset.
The big fix: how to find income solutions in a low-interest world
As global interest rates sink to near zero or below, the search for regular income has become increasingly desperate. But, according to Mint Asset Management’s David Boyle, yield-oriented investors must remember that ‘certainty’ can come at a high cost. In May 2006 the last great wave of NZ finance company collapses began to surge in… [Read More…]
The active passive debate continues …
With active management well ahead on points, says Mint Asset Management. In the COVID-19 era high volatility is the new reality but Rebecca Thomas, Chief Executive Officer Mint Asset Management, explains why investors need a steady hand in shaky markets. In what looks now like an exquisite piece of market timing, the Financial Markets… [Read More…]
Turning down the vol: how to manage risk in a climate of fear
Mint Asset Management chief, Rebecca Thomas, explains an active strategy that can take the edge off losses in volatile times…
Good governance 1: setting the investment strategy
In the first of a series of five articles addressing trust governance issues, Mark Weaver, partner with actuarial consulting firm Melville Jessup Weaver, lays out the fundamentals for developing and investment strategy. Rather than relying on ongoing capital injections from sponsors, most trusts want to back up their grant-making largesse with a strong investment performance…. [Read More…]
Harbour Views: Australasian reporting season sees pass on profits, upside surprise for dividends
Harbour Asset Management crew Andrew Bascand, Shane Solly and Craig Stent mull over the latest round of Australasian corporate profit reports and where NZ and Australia equity markets may go next. At an aggregate level the latest earnings round for both New Zealand and Australia provided little movement in prospective earnings. The profit reporting season… [Read More…]
BNP taps JP Morgan for new country head
By Greg Bright* BNP Paribas Securities Services has tapped David Braga from JP Morgan as its new Australia country head, joining Ian Perkins, head of client development, to run the firm in what looks like the busiest year for custodians in Australia and New Zealand. Braga, who is also chair of the Australian Custodial Services… [Read More…]
Harbour Views: A lost decade in Europe?
Early in February German 10-year government bond yields dipped below Japan’s for the first time, reflecting a bleak market view of European prospects in the decade ahead. But, as the low long-term rates imply, will Europe also follow Japan’s ‘lost decade’ example? According to Harbour Asset Management head of fixed interest, Christian Hawkesby, the European… [Read More…]