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NZ gags fund performance ads

In a highly unusual move, the Financial Markets Authority (FMA) has cracked down on fund managers advertising post-COVID boom-time annual returns. The regulator has warned managers that advertising any “phenomenal” returns garnered over the 12 months to March 31 could “mislead investors”. Global share markets bounced back spectacularly from the brief COVID-induced shock early last…

David Chaplin | 23rd Apr 2021 | More
ASX market update; fifth straight month for the ASX

Weak open ahead, Fifth straight month for the ASX, IOOF loads up

Drew Meredith | 31st Aug 2020 | More
Market update – Federal Reserve loosens inflation reins

It was a mixed day for the market, the ASX 200 (ASX:XJO) finished 0.2% higher despite trading up as much as 0.8% during the day.

Drew Meredith | 27th Aug 2020 | More
  • Financial Planner’s market update – Dividend season pushes markets lower

    The ASX 200 (ASX:XJO) fell 0.7% for the day pushed lower by dividend payouts from Telstra Corporation Ltd (ASX:TLS) and AGL Energy Ltd (ASX:AGL) among others.

    Drew Meredith | 27th Aug 2020 | More