Change of Name – Henderson TR Pacific Trust

The following is only a notice for current clients with this investment: Henderson TR Pacific announced this week that the Company’s name has been changed to Henderson Asian Growth Trust plc. The change of name took effect on 1 March 2012. The new London Stock Exchange dealing code is ‘HAGT.LN, while the mnemonic on the [...]

Media vs Reality

More often than not the media reporting on finance are prone to make “scary” statements, with little backing just so they have “news”, which of course means it needs to be something bad. One of these instances was noticed recently by a DecisionMakers adviser, Colin Austin…   I run two screens on my PC , check [...]

S & P Downgrade of USA Dangerous

Below is an article from the Financial Times in the UK.  It is at times like this that we have to look at decisions made by people like these agencies and ask who is really in charge?  Is it an ego trip for S & P or is it a worthy decision?  Only time will [...]

Feeling Philanthropic?

Westpac have just launched a new bond where you get paid interest and funds are raised for the Canterbury Earthquake appeal. Details and investment statements are available from your investment adviser, the details in short are as follows: 5.3% p.a. paid semi-annually to you 0.5% p.a. paid to Canterbury earthquake victims (this is paid by [...]

Ever heard the saying…

“Sell in May and Go Away” This usually applied when talking about what happens in the USA and Europe over their summer holidays.  Up till now I had seen no concrete evidence of this, but here it is…

New Zealand Shares Outperform Residential Property

Here is a little bit of light reading for you… FundSource/NZX Asset Class Performance Report 2011 07 Apr 2011 10:20 By FundSource New Zealand shares have outperformed residential property in terms of investment returns over the twenty-year period, according to the recently released FundSource/NZX Asset Class Performance Report. Prepared by FundSource in association with NZX, [...]

Lunch with Mark Weldon – NZX CEO

Tanya went to lunch with Mark yesterday (and around 100 other influential local business people).  Here is her summary of his speech. Mark is very easy to listen to, particularly because he seems to be so positive.  After warning everyone that he would not talk about the quake or any repercussions from the quake, he [...]

Greenstone Bondholders Update

If you would like to see the update from Greenstone regarding their first six months of business please click here to be redirected to the website. It is very positive, and as I have been a witness to the huge success the new Bethlehem service station is (often people lined up and waiting to get [...]