Allied Prime first results, Oz fund in NZ, New appointments at Mascot.

New Zealand’s investment managers are cautious about the outlook for New Zealand shares and tend to favour international equities.

Picking which markets are likely to be the best performers is a difficult task, as none really stand out, BT Funds Sydney-based economist Chris Caton says.

Commission to explain new disclosure laws, New look ASSET, Investment grade rating given, Bonds to total $50 mill.

More evidence is emerging that money flows into managed funds are improving - although still modest in size.

Wellington/Palmerston North

The latest AXA Retirement Scope survey provides heartening support for KiwiSaver five months ahead of its launch date, Finance Minister Michael Cullen said today.

Dunedin/Christchurch

Home Loan Report: After a succession of mortgage rate increases in recent weeks banks in the ASB group have bucked the trend with several reductions on fixed term loans.