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 … [Read more...] about Fund platform bigs up with boutiques, bank; Hunter slashes fees
Investment News
Booster eyes more NZ private equity deals
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 … [Read more...] about Booster eyes more NZ private equity deals
From blockchain base camp: the search for the single source of truth
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 … [Read more...] about From blockchain base camp: the search for the single source of truth
UK advice firms thrive in reform era
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 … [Read more...] about UK advice firms thrive in reform era
Smart beta investors get off the active-passive fence
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 … [Read more...] about Smart beta investors get off the active-passive fence
How ETFs are changing the landscape
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 … [Read more...] about How ETFs are changing the landscape
Outperformance: why only 20 per cent of Aussies can sustain it
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 … [Read more...] about Outperformance: why only 20 per cent of Aussies can sustain it
Super charity seeks support to turn pension into poverty-fighting weapon
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, … [Read more...] about Super charity seeks support to turn pension into poverty-fighting weapon
PIMCO dropped as Russell hires new crew for global bond voyage
Russell Investments has dumped big bond brand PIMCO from its global fixed income fund in exchange for another US-headquartered firm, Voya Investment Management. In a client note, Russell says while “we maintain a positive view on PIMCO, we believe … [Read more...] about PIMCO dropped as Russell hires new crew for global bond voyage
Investors favour robots in Smartshares iShares debut
Robots won the day as the NZX-owned Smartshares booted up a new range of eight exchange-traded funds (ETFs) last week. Of the eight new Smartshares funds - backed by BlackRock-owned ETF factory, iShares – the robotics-themed product attracted both … [Read more...] about Investors favour robots in Smartshares iShares debut