Melville Jessup Weaver

Last year proved once again that market timing can be very profitable but an extremely difficult task to pull off, according to a new analysis of tactical asset allocation. The paper, by influential Auckland-based actuarial advisory firm Melville Jessup Weaver and authored by newly minted actuary William Nelson, found NZ share investors could have engineered…

After five years operating as a wholesale and institutional manager, the Wellington-based Lighthouse Investment Funds has signalled the broader market with a new retail international shares offering launched this month. Flying under the colours of fund-hosting business Implemented Investment Solutions (IIS), the Lighthouse Global Equity Fund mirrors the firm’s long-running offshore shares strategy first established…

Investors should increase allocations to active management strategies against an increasingly uncertain global backdrop, according to a new Willis Towers Watson (WTW) report. It is a “cyclically fertile ground for alpha”. The WTW analysis, ‘Outlook 2021’, says “skilled active management offers growing value for money” as a number of factors converge to add risk to…