GoodReturns | NZ’s financial adviser news-item centre

PIS recruits two more to its NZ team

Professional Investment Services has appointed two new senior staff members. Colleen Dennehy, has been appointed Business Development Manager for the Northern Region.

Wed, Nov 5th 2008 04:49PM

Magellan Roadshow

1 min read

Funds Management & Superannuation Trans-Tasman Roadshow

1 min read

News Round Up

1 min read

ASB first big bank to get guarantee

ASB Bank has become the first of the big retail banks to be approved under the government’s retail deposit guarantee firm.

1 min read

VTL directors resign; Company in receivership

The directors of NZX-listed company VTL Group, which was related to Nathans Finance, have resigned and plan to call in the receivers.

1 min read

VTL directors resign; Company in receivership

Fidelity Life reports record profit

Fidelity Life has reported a record profit of $15.5 million for the year ended 30 June 2008, an increase of 20% over last year’s result of $12.9 million.

1 min read

Marac MD to step down

MARAC Finance's managing director Brian Jolliffe intends to step down from the role at the end of the financial year - June 30.

1 min read

News Round Up

Financial Advisers Act implementation begins; Guardians help drive corporate behaviour; Ellerlie Cornwall gets new name

3 min read

[Weekly Wrap] Fund and games

This week had some good and not so good news for the funds industry. The good news was that funds flow has been strong and, in fact, the latest quarter was the best the industry has seen in 18 years - even though markets have been, if not poor, at best challenging. Two factors behind this are the new PIE tax rules and KiwiSaver.

3 min read

New wealth manager for Macquarie

Macquarie Private Wealth New Zealand has signed up James Malden to its Wellington office.

1 min read

Best quarter for funds flow in 18 years

Inflows into KiwiSaver products have been the main positive in the face of a very challenging environment for the New Zealand retail managed funds industry, FundSource says.

2 min read

GWM strengthens investment committee

Gould Wealth Management (GWM) has appointed Rodger Finlay as a non-executive, independent member of the GWM investment committee.

1 min read

Rates dropping while funding dries up

We have had the mother of all rate cuts recently, with the Reserve Bank slashing 100 basis points off its official cash rate. Thankfully many of the lenders have passed on much of this decrease to borrowers with reduced home loans.

2 min read

News Round Up

Strong performance from 36 South; New limited risk trading account

2 min read

[Weekly Wrap] Controversy and changes

We have just had confirmation of a rather controversial press release about who is the top fund manager. FundSource has announced that ING is its Fund Manager of the Year, even though it has frozen its two CDO funds.

2 min read

ING named as top fund manager

Even though ING has its two CDO-backed funds, it has been named as FundSource's fund manager of the year.

1 min read

PIMCO sees value in bonds of firms with government support

Concerted government efforts to support leading banks and institutions around the world have created value in the debt of some of the firms, according to PIMCO, manager of the world's biggest bond fund.

3 min read