This is an area of frequent debate and we thought it useful to analyse how KiwiSaver funds have fared.
A discussion on active share – an alternative tool that can be used to consider active investment managers’ risk-taking and the implications for this in the New Zealand market.
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.
Investors need to carefully consider the amount of duration in their portfolios.
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.
This article explores the effect of a hypothetical market correction on a typical KiwiSaver balance in the near future.
This article looks at capacity limits in the New Zealand sharemarket.
This newsletter looks at the progress of the different banks as they pursue increasing their share of the NZ KiwiSaver market place.
This article on global equities and commodities is taken from a recent publication by our global colleagues at Towers Watson.
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