Investment News NZ https://investmentnews.co.nz/ Investment News provides financial advisers news stories from the financial industry in New Zealand. Subscribe to our free weekly newsletter. Tue, 27 Oct 2026 19:48:24 +0000 en-NZ hourly 1 https://wordpress.org/?v=7.1.3 https://investmentnews.co.nz/wp-content/uploads/fav.png Investment News NZ https://investmentnews.co.nz/ 32 32 The Resolution Capital X-factor: why global listed infrastructure is lifting off https://investmentnews.co.nz/sponsor/the-resolution-capital-x-factor-why-global-listed-infrastructure-is-lifting-off/?utm_source=rss&utm_medium=rss&utm_campaign=the-resolution-capital-x-factor-why-global-listed-infrastructure-is-lifting-off Tue, 27 Oct 2026 19:48:24 +0000 https://investmentnews.co.nz/?p=31079 Australian real asset manager, Resolution Capital, launched into the global listed infrastructure space five years ago, spinning off a NZ satellite PIE in 2025. But opportunities abound for active investors in an asset class that is no buy-and-hold index ride…   Elon Musk shook the telecoms market in the inaugural SpaceX earnings call this August... [Read More...]

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]]> Bonds whack conservative funds, MJW https://investmentnews.co.nz/investment-news/bonds-whack-conservative-funds-mjw/?utm_source=rss&utm_medium=rss&utm_campaign=bonds-whack-conservative-funds-mjw Sun, 25 Oct 2026 10:15:34 +0000 https://investmentnews.co.nz/?p=31051 Conservative-leaning KiwiSaver funds took a hit during the September quarter as tough bond markets ate into returns, new Melville Jessup Weaver (MJW) data shows. In fact, almost all KiwiSaver diversified funds other than growth-oriented strategies fell into the red for the three months to September 30, according to the MJW quarterly investment report. The median... [Read More...]

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]]> ASB drops CIO, tipped for active add-on; Orbis enters Heathcote orbit https://investmentnews.co.nz/investment-news/asb-drops-cio-tipped-for-active-add-on-orbis-enters-heathcote-orbit/?utm_source=rss&utm_medium=rss&utm_campaign=asb-drops-cio-tipped-for-active-add-on-orbis-enters-heathcote-orbit Sun, 25 Oct 2026 10:00:44 +0000 https://investmentnews.co.nz/?p=31063 Frank Jasper has stepped down as ASB chief investment officer (CIO) just over a year into the role created last June at the $32 billion plus manager. Jasper, previously Fisher Funds CIO, took on the executive job at ASB three years after joining the bank-owned fund group’s investment committee. In a release last June, ASB... [Read More...]

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]]> FNZ nixes appeal as staff-shareholders ready for long legal battle https://investmentnews.co.nz/investment-news/fnz-nixes-appeal-as-staff-shareholders-ready-for-long-legal-battle/?utm_source=rss&utm_medium=rss&utm_campaign=fnz-nixes-appeal-as-staff-shareholders-ready-for-long-legal-battle Sun, 25 Oct 2026 09:45:19 +0000 https://investmentnews.co.nz/?p=31068 The FNZ legal drama is poised to play out for months, and likely years, as employee-shareholders and institutional owners regroup following a split decision in the Wellington High Court. Under the ruling published last week, the ‘unfair prejudice’ claims lodged against the FNZ corporate body over a series of dilutive institutional owner equity-raises have been... [Read More...]

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]]> Milford takes tiny (relative) step back as NZ retail funds boom in June https://investmentnews.co.nz/investment-news/milford-takes-tiny-relative-step-back-as-nz-retail-funds-boom-in-june/?utm_source=rss&utm_medium=rss&utm_campaign=milford-takes-tiny-relative-step-back-as-nz-retail-funds-boom-in-june Sun, 25 Oct 2026 09:30:48 +0000 https://investmentnews.co.nz/?p=31060 Almost all of the top 10 largest NZ retail fund managers lost market share or held steady in the June quarter as challenger brands gathered steam, according to new Plan for Life (PFL) numbers. The PFL data shows only FundRock (which houses multiple underlying managers) and Simplicity among the big-10 lifted market share during a... [Read More...]

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]]> NZ Super recalibrates risk as $100bn beckons https://investmentnews.co.nz/investment-news/nz-super-recalibrates-risk-as-100bn-beckons/?utm_source=rss&utm_medium=rss&utm_campaign=nz-super-recalibrates-risk-as-100bn-beckons Sun, 25 Oct 2026 09:00:55 +0000 https://investmentnews.co.nz/?p=31045 The NZ Superannuation Fund (NZS) has lowered active risk parameters as part of its recent reference portfolio review in a move that trims expected long-term alpha by 10 per cent. According to the NZS 2026 annual report released last week, the almost $100 billion fund has set a new “through-the-cycle active risk budget” of 3... [Read More...]

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]]> Marsh calls for ‘flexible’ retirement age, keeps NZ in B-grade https://investmentnews.co.nz/investment-news/marsh-calls-for-flexible-retirement-age-keeps-nz-in-b-grade/?utm_source=rss&utm_medium=rss&utm_campaign=marsh-calls-for-flexible-retirement-age-keeps-nz-in-b-grade Sun, 25 Oct 2026 08:45:05 +0000 https://investmentnews.co.nz/?p=31048 A fixed, single retirement age is increasingly unworkable as demographic forces skew the population older, according to the latest Marsh review of global pension settings. The 18th iteration of the study, previously known as the Mercer CFA Global Pension Index (GPI), notes that a one-age-fits-all retirement date is “not a sustainable outcome over the longer... [Read More...]

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]]> Wedge looks to bigger edge as PIE tops $200m https://investmentnews.co.nz/investment-news/wedge-looks-to-bigger-edge-as-pie-tops-200m/?utm_source=rss&utm_medium=rss&utm_campaign=wedge-looks-to-bigger-edge-as-pie-tops-200m Sun, 25 Oct 2026 08:15:32 +0000 https://investmentnews.co.nz/?p=31054 Wedge has ticked over a new milestone as investors gradually warm to the cash portfolio investment entity (PIE) vehicle founded by former Fisher Funds fixed income head, David McLeish. McLeish said the Wedge PIE, which offers a daily fixed return rate, has just passed through the $200 million mark, up from the $114 million recorded... [Read More...]

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]]> From efficiency to outperformance: next steps for the human-AI investment collab https://investmentnews.co.nz/investment-news/from-efficiency-to-outperformance-next-steps-for-the-human-ai-investment-collab/?utm_source=rss&utm_medium=rss&utm_campaign=from-efficiency-to-outperformance-next-steps-for-the-human-ai-investment-collab Sun, 25 Oct 2026 08:00:18 +0000 https://investmentnews.co.nz/?p=31057 Artificial intelligence (AI) has yet to show up in fund manager outperformance but should over time, according to MAS head of investment, Dan Mead. Mead said for now investment managers are mostly using AI to squeeze efficiencies out of research and analytical processes. “It’s too early to say whether AI has helped with performance,” he... [Read More...]

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]]> UPDATED: FNZ, staff-shareholders share wins in jurisdiction ruling https://investmentnews.co.nz/investment-news/fnz-wins-jurisdiction-battle-as-judge-sends-case-for-uk-arbitration/?utm_source=rss&utm_medium=rss&utm_campaign=fnz-wins-jurisdiction-battle-as-judge-sends-case-for-uk-arbitration Tue, 20 Oct 2026 01:14:23 +0000 https://investmentnews.co.nz/?p=31037 The FNZ dispute with staff-shareholders will head off to London after a Wellington High Court partly ruled in favour of the company. But the finding still leaves directors open to a grilling in NZ courts after Justice Heine found FNZ “directors’ duties claims are, insofar as they are pursued as a derivative claim, non-arbitrable”. In... [Read More...]

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]]> Fisher union goes to Plan; Huxford arrives as CIO https://investmentnews.co.nz/investment-news/fisher-union-goes-to-plan-huxford-arrives-as-cio/?utm_source=rss&utm_medium=rss&utm_campaign=fisher-union-goes-to-plan-huxford-arrives-as-cio Sun, 18 Oct 2026 10:00:04 +0000 https://investmentnews.co.nz/?p=31017 Earlier this month Fisher Funds reached a long-awaited KiwiSaver back-office nirvana after rehousing the final batch of members into unified administrative lodgings. The October move saw 135,000 plus members of the original Fisher Funds KiwiSaver scheme and about $5.3 billion teleported across to the final resting place inside the Fisher Funds KiwiSaver Plan. Phase one... [Read More...]

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]]> Marsh NZ investment leader exits; Hyde emerges in Abu Dhabi; broker body names new head; Cross to chair Milford charity https://investmentnews.co.nz/investment-news/marsh-nz-investment-leader-exits-hyde-emerges-in-abu-dhabi-broker-body-names-new-head-cross-to-chair-milford-charity/?utm_source=rss&utm_medium=rss&utm_campaign=marsh-nz-investment-leader-exits-hyde-emerges-in-abu-dhabi-broker-body-names-new-head-cross-to-chair-milford-charity Sun, 18 Oct 2026 09:45:23 +0000 https://investmentnews.co.nz/?p=31013 Adam McKenzie has left the business formerly known as Mercer (now Marsh) after more than 20 years with the company in Australia, the UK and, more recently, NZ. McKenzie will formally finish as head of the Marsh/Mercer NZ investment and retirement arm by October 31, ending an almost eight-year term in the role. Before taking... [Read More...]

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