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.

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

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.

Strong performance from 36 South; New limited risk trading account

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

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.

The Reserve Bank today reduced the Official Cash Rate (OCR) from 7.5% to 6.5%.

In tough economic times there is an expectation that health insurance coverage decreases – however the opposite is happening.

Rotorua

Investors in Macquarie’s Fortress Notes were given some bad news yesterday when it was revealed the notes were worthless.

Various investment analysts are now talking about the opportunities which equity markets present to investors and advisers.

Award finalists revealed; Moody’s affirms Macquarie rating, changes outlook; Auckland airport offers fixed rate bonds; Magellan hits the road; Strategic sale scrapped

Peter West has been appointed to the role of adviser services manager at Goldridge Wealth Management.

The story of the week has to be the government’s rapidly changing deposit guarantee scheme, which undoubtedly changes the face of the investment landscape in New Zealand.