News

Yesterday saw the Reserve Bank of NZ hold the official cash rate at a record low of 1.75%. The RBNZ said that they will look through a recent pick-up in inflation which is being seen as temporary, while Governor Wheeler tried to talk down the high NZD. E

Global markets were generally lower overnight with the energy sector weighing on markets as the price of oil continued to tumble. Interestingly the US Technology sector recovered some of its recent falls. Both the Australian and NZ markets sold-off yeste

Global markets were higher overnight with the S&P 500 and Dow Jones (Major US Market indices) hitting record highs as technology stocks rebounded after recent losses. Apple shares led gains as the technology sector is coming off its second straight weekly

Global markets were lower overnight as a sharp drop in oil prices squeezed energy stocks. Oil prices are at a seven-month lows after news of increases in supply by several key producers, a trend that has undermined attempts by OPEC and other producers to

Global markets were mixed on Friday as most sectors gained while the major US Tech stocks continued to retrace. Over the weekend, the major piece of news flow was that Amazon has bought US grocery store retailer Whole Foods, which gives Amazon a major b

Global markets were slightly lower overnight as the US market dipped late in the day. The major news this morning was that the US Federal Reserve raised interest rates for the second time this year, as was widely expected. The Fed cited continued US econo

Global markets sold off overnight, weighed down by the Technology sector and Resource stocks. The big names in the US Technology sector such as Apple and Alphabet extended their recent sell-off yesterday. However, the worst performing sector overnight was

Tourism Holdings (THL.NZ) continued it stellar share price run as it announced a business acquisition in the US which we discuss below – has made a solid +60% return on THL since buying it in April last year.

We have recently launched the  Dividend Portfolio, which is designed for income seeking investors. While we apply our usual investment philosophy in order to find attractive investments which fit with our big picture world views, the emphasis is find