Investment News

In a rare backwards step, the world’s biggest 500 funds managers shed a collective US$18 trillion in 2022 as the asset pool receded by 13.7 per cent year-on-year, according to a just-released Thinking Ahead Institute (TAI) survey. The top 500 global funds managed US$113.7 trillion between them as at the end of last year compared… [Read More…]

Ariel Investments is newcomer to emerging markets but the US-based institutional value manager is eyeing up bargains in faraway places such as beaten-down Chinese markets, high-tech hubs in Vietnam and air-conditioned Philippines malls. Filipino malls are “what US malls want to be”, according to Henry Mallari-D’Auria, the recently appointed Ariel chief investment officer for global… [Read More…]

The Australian arm of UK-headquartered green energy and investment provider, Octopus, is sounding out interest in NZ amid a new wholesale fund-raising round. Campbell Ross, Octopus head of client operations, said the recently launched wholesale fund could appeal to smaller NZ institutions, family offices and the like looking for exposure to the “Australian energy transition”…. [Read More…]

KiwiSaver remains a statistically robust competitive market place despite a significant increase in ownership concentration in the most recent financial year, according to a new Melville Jessup Weaver (MJW) study. The second annual MJW KiwiSaver data dive found competitiveness in the sector had reduced year-on-year per a formal measure – the Herfindahl-Hirschman Index (HHI) –… [Read More…]

Storied UK firm, Schroder Investment Management, has rolled out two sustainable global share funds off the portfolio investment entity (PIE) production line. Released last week, the Schroder Sustainable Global Core PIE Fund along with its hedged counterpart, are offered in NZ under the flag of FundRock NZ (formerly Implemented Investment Solutions). The funds tap into… [Read More…]

The Government Superannuation Fund (GSF) reported a sub-benchmark but still healthy 10 per cent return for the 12 months to the end of June with private equity proving the main drag on performance. According to the GSF annual report released last week, the now $5.1 billion legacy government employee pension fund added more than $500… [Read More…]

Salt Funds Management has made the finals of the Australasian equity category in a prestigious Asia-Pacific regional hedge funds awards for its long-short strategy. The Salt Long Short fund is up against a swag of seven Australian managers for the sector prize in the With Intelligence HFM Asian Performance Awards set down for November 9… [Read More…]

Institutional investors feel ready for anything markets might throw at them, according to a new report from Mercer. But while they still want to manage money themselves, a lot of them don’t know if they’re any good at it. While a number of local institutional investors are meandering down the path to internal asset management,… [Read More…]

The NZ pension system retained a B-ranking in the latest Mercer global retirement savings report despite copping a slight score reduction on technical grounds. Now in its 14th edition, the Mercer Global Pension Index (produced in association with the CFA Institute) marked the NZ aggregate score down to 68.3 from 68.8 in the 2022 edition… [Read More…]

UK-headquartered alternatives manager, Leadenhall Capital Partners, has hooked up with Australian multi-boutique firm, Bennelong Funds, to market institutional-grade insurance-linked strategies (ILS) on both sides of the Tasman. Under the just-inked agreement, Bennelong will distribute the Leadenhall products to institutions in Australia and NZ, where the specialist manager already has at least one large client. Leadenhall… [Read More…]