Investment News

NZ, according to Federation Asset Management partner, Stephen Panizza, has “world class wind”. For Wellingtonians battling through a southerly gale the accolade might not be surprising, or welcome, but Panizza said the country had huge potential to breeze through the transition to full sustainable energy production. Over this side of the Tasman last week to… [Read More…]

Climate change is now a real reporting duty for most NZ licensed fund managers with new greenhouse gas metrics due next year. Daniel Aguet, Scientific Beta index director and deputy CEO, explores some strategies to measure and manage carbon exposures in portfolios and how his firm is tackling transition risk…   Measuring and controlling the… [Read More…]

Most New Zealanders have learnt the value of financial literacy the hard way, according to a new survey published this month. The study carried out for Partners Life and Banqer found three-quarters of respondents have realised the importance of financial knowledge after weathering the recent bout of inflation. Just over 75 per cent of the… [Read More…]

Earnings notwithstanding, everybody that’s been making “tons of money” out of the big tech companies has pretty much been investing for their future growth. Now they need to deliver it – and that’s a key uncertainty for what may or may not be a tech revolution, says Jonathan Rawicz, portfolio manager for Zurich-headquartered EFG Asset… [Read More…]

Smartshares head of institutional, David Buell, is to join Fisher Funds next month as general manager growth – one of three senior roles the $25 billion firm created to carry the weight of its most recent acquisition, Kiwi Wealth. At the same time, former Mint Asset Management head of marketing, David Boyle, has been hired… [Read More…]

Ngāi Tahu funds management subsidiary, Whai Rawa, will move its administration from Mercer to FNZ following a review with a potential investment change and KiwiSaver launch also on the horizon. Sam Kellar, Whai Rawa general manager, said the iwi-based savings vehicle selected FNZ as its new admin provider following a request-for-proposal (RFP) process earlier this… [Read More…]

Kernel Wealth has named Xero co-founder, Alistair Grigg, as director as the loss-making manager targets break-even point this financial year. Dean Anderson, Kernel founder, said Grigg, who replaces Paul Hocking on the board, would bring “tech leadership to support our wider team in our next phase of growth, particularly as we leverage more of the… [Read More…]

NZ may need to regulate use of green-like fund terminology despite an uptick in public awareness of the notions, according to the 2024 Responsible Investment Association of Australasia (RIAA) NZ report. The ‘Voices of Aotearoa’ RIAA study, produced in association with Mindful Money and Australian Ethical, found a “significant increase in knowledge and understanding about… [Read More…]

Auckland-based consultancy firm, Mosaic Financial Services Infrastructure, has released a new “on-demand” climate change training program in collaboration with Australian partner business, Informed.City. The “executive training” course aims to provide directors and senior business leaders “with practical information to manage climate change risk, including the fundamentals of climate change risk and scenario analysis concepts, with… [Read More…]

Sovereign wealth funds (SWFs) are changing the asset mix, dialing up ESG and tuning into AI, according to the latest Invesco annual survey of the sector. The 2024 Invesco ‘Global sovereign asset management study’ found SWFs have made significant asset allocation shifts over the last year or so in light of sticky inflation and gathering… [Read More…]