Senior portfolio manager of international equities Ashley Gardyne made CIO.
Fisher Funds has turned to “the magic of recruiting from within” in appointing a new chief investment officer to replace the well-regarded and high-profile Frank Jasper.
The fund manager said
Fisher Funds appoints most critical role as Jasper departs nbr.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbr.co.nz Daily Mail and Mail on Sunday newspapers.
Market Outlook: Fisher Funds chief investment officer Frank Jasper on the week ahead.
The gap between the winners and losers of Covid-19 could begin to narrow this week as third-quarter earnings season in the US hits full swing with results from Amazon and Netflix.
Closer to home, meanwhile, the market will be keeping a close eye on New Zealand’s consumer price index (CPI) data, due for release on Friday.
Tech giants Amazon and Netflix are both expected to report strong third-quarter results this week, both being beneficiaries of Covid-19 lockdowns around the world and the rise in online shopping and entertainment.
Expert advice for first-time investors: Know when to hold them
3 Jan, 2021 04:00 PM
7 minutes to read
The phenomenal growth of retail investment platforms has unleashed a wave of new investors onto the sharemarket.
Perhaps the best known of the local platforms, Sharesies, started the year with just 95,000 users. By March, the number had risen to 115,000.
This month, Sharesies has 259,000 users on its platform, who have invested $889 million.
Many of those investors will be new to the game.
The Herald spoke to some seasoned fund managers to get their views on the kind of principles that first timers might find useful as they build their portfolios.