Distribution methods for charitable trusts

In this paper, we examine different distribution mechanisms in use around New Zealand by community trusts, iwi, and other similar organisations. We analyse how three simple distribution rules would fare following a large negative investment shock. The results show that there are clear differences and that the choice of distribution method has significant implications for intergenerational equity.

The end for bonds?

Investors need to carefully consider the amount of duration in their portfolios.

Investment returns over last 20 years

In this newsletter, we look back over 20 years at the returns from each of the major asset classes.   We then look at 3 hypothetical diversified portfolios and compare/contrast the returns experienced by each.

Bank KiwiSaver Article

This newsletter looks at the progress of the different banks as they pursue increasing their share of the NZ KiwiSaver market place.

Six trends that shaped markets in 2014

While most of the current commentary on markets is looking forward to 2015, this article looks back at the key trends in 2014 and is entitled “Six trends that shaped markets in 2014”.   A recap on how we have got to where we are is seen as valuable