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3 weeks ago | 
businessdesk.co.nz | David Chaplin
KiwiSaver chugged through another financial year to arrive at March 31 about 11.5% ahead of its April 1, 2024, departure point, according to the latest Reserve Bank of New Zealand quarterly fund-spotting report.Fuelled by the usual mix of mandated contributions and investment performance, the retirement savings regime clocked in a faster growth rate than the almost 11% recorded by the broader managed funds market as measured by the RBNZ.“Total funds under management increased by 1.2% to...
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3 weeks ago | 
scl.org | David Chaplin
Amanda Chaboryk, Chris Cartmell, and Stephanie Baker, of PwC, raise some early considerations about the seemingly inevitable spread of agentic AI into legal departmentsIntroductionArtificial Intelligence (AI) has played an increasingly prominent role within legal, starting as early as the 90’s, when legal databases started incorporating natural language processing to optimise search and retrieval.
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3 weeks ago | 
investmentnews.co.nz | David Chaplin
Indexing firm, Scientific Beta, has made the case to switch or stick to diversified stock exposures despite the ongoing dominance of US mega-cap companies. In a new paper, Scientific Beta authors Daniel Aguet and Felix Goltz, argue that market concentration moves in cycles with periods of mega-cap underperformance inexorably following sustained runs at the top.
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3 weeks ago | 
investmentnews.co.nz | David Chaplin
The NZ managed funds sector edged up above $328 billion during the first three months of 2025 to complete an unbroken run of six quarterly increases, according to new Reserve Bank of NZ (RBNZ) figures. “Annually, total funds under management rose 10.9%, marking the ninth consecutive quarter of annual growth,” the RBNZ managed funds report says.
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3 weeks ago | 
investmentnews.co.nz | David Chaplin
Retail money is emerging as an increasingly important source of private markets funding, according to a new McKinsey & Co analysis. The just-published McKinsey ‘Global private markets report 2025: braced for shifting weather’ estimates the retail sector has contributed about US$1.5 trillion to the asset class to date with annual fund flows growing “at approximately 16 percent per year since 2020”.
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3 weeks ago | 
investmentnews.co.nz | David Chaplin
Long-time Russell Investments executive, Andrew Pease, is set to return home to Australia next month to take on a newly created regional gig at the more than US$330 billion multi-manager. As Asia-Pacific head of investments, Pease will report to Russell global head of portfolio management, Jon Eggins. Pease joined Russell in 2006, serving in multiple roles, most recently as global chief investment strategist based in London.
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3 weeks ago | 
investmentnews.co.nz | David Chaplin
More than two years after the move from Craigs Investment Partners to the NZX, QuayStreet has secured its place as an active room in a passive house. The outcome wasn’t a given. As the NZX posted in its 2022 annual report, one original goal of the $31.25 million purchase (with a further potential, now discounted earn-out cost of almost $19 million) was for QuayStreet to supply “Smartshares, in time, with an enhanced passive product offering”.
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3 weeks ago | 
investmentnews.co.nz | David Chaplin
About 20kms off the west coast of Scotland the rock-island of Skerryvore hosts the country’s tallest lighthouse. Rising some 48 metres high, the Skerryvore tower has been signalling danger to marine traffic in one form or another since 1844 in a treacherous stretch of coastline. From 1790 until the lighthouse first flashed, the surrounding sea had claimed more than 30 known shipwrecks.
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1 month ago | 
businessdesk.co.nz | David Chaplin
The Kiwi national bird, the kiwi, does a lot of legwork for Kiwi politicians.Finance Minister Nicola Willis, for example, made full use of the avian symbolism in her post-Budget PR campaign.“An increase in KiwiSaver balances will also grow the pool of funds available for investment in New Zealand."KiwiSaver schemes already invest around 40% of their funds in New Zealand-based assets – including housing developments like the Simplicity one we’re visiting today,” a hard-hatted Willis told media...
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1 month ago | 
investmentnews.co.nz | David Chaplin
Mint Asset Management founder, Rebecca Thomas, has stepped back as chief of firm’s parent group, Amplifi, with Kirsten Boldarin to assume the leadership position. Boldarin joined Mint early in 2023 in the newly created head of distribution role after more than a decade spent working with a high net-worth investment firm in the UK. Thomas will remain as executive director.
