Blog
KiwiSaver topped $70 billion at end of September, Morningstar says
Posted in Kiwisaver, Retirement, Savings on
KiwiSaver funds broke the $70 billion mark at the end of September, fund researcher Morningstar says. In its September quarter review of the sector, Morningstar says the KiwiSaver funds it tracks held a combined $70.9b of shares, bonds, property and cash at the end of the month. That was up from $63.1b at the end of December.
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Mobilising impact investment for Social Housing
Posted in Investing News & Insights, Responsible Investing on
Last night Sam Goldwater, Generate's Lead Portfolio Manager, spoke to Barry Coates of Mindful Money about Generate's pioneering KiwiSaver investment into community housing. Watch Sam's, Barry's and representatives from the Salvation Army and Community Finance's discussion here.
View moreGenerate the first KiwiSaver provider to invest in social housing - 118 new, warm, dry and secure houses for families without homes
Posted in Kiwisaver, Retirement, Savings on
The Generate KiwiSaver Scheme has become the cornerstone ‘impact investor’ in The Salvation Army Community Bond. The $15m transaction – facilitated by Community Finance – means we are the first KiwiSaver provider to invest into community housing via our investment into the creation of 118 new, warm, dry and secure houses for families without homes. This investment was only made possible because of our members so – as always – a big thank you for your support. The Community Bond is a fixed interest, 5-year impact investment yielding 2.30% per annum and delivers members a sound investment return and social impact.
View moreThe US Election - What are the likely implications for investment markets?
Posted in Kiwisaver, Retirement, Savings on
The upcoming US election is almost guaranteed to generate some jaw-dropping headlines, which raises the question what are the most likely results and what are the likely implications for investment markets?
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Solving the great NZ whale mystery
Posted in Kiwisaver, Retirement, Savings on
Good luck Emma! Generate is a proud supporter of LiveOcean which helped fund this important research into trying to solve the great mystery of New Zealand’s southern right whale, using satellite tracking technology and DNA analysis.
View morePerspectives on the future of the global economy
Posted in Kiwisaver, Retirement, Savings on
Hamish Douglass, the Lead Portfolio Manager of the Magellan Global Fund (which is one of our growth funds’ largest holdings) spoke with Janet Yellen, the most recent former chair of the Federal Reserve, and an adviser to Magellan, about the covid-19 health and economic crisis. The pair discuss the response of the Federal Reserve and how the crisis of 2008-09 has given guidance to the response. They talk about the economic impact and Janet explains why a Nike swoosh-like recovery is more likely than a V-shaped bounce back. They discuss the struggles of emerging markets, the risk of inflation and end on what they find to be optimistic about.
View moreT. Rowe Price discusses disruption in the technology sector
Posted in Kiwisaver, Retirement, Savings on
Recently one of our underlying fund managers, T. Rowe Price published a research note which investigated how the coronavirus pandemic has impacted the technology sector. T. Rowe’s powerful global research engine allows them the scope to investigate hundreds of companies across both the private and public sectors. In this note Alan Tu, portfolio manager of the Global Technology Equity Strategy discusses both the near-term impacts of coronavirus on technology companies, and how the situation is likely to shape the landscape going forwards. Read more here: Disruption Accelerated.
View moreGiving back
Posted in Kiwisaver, Retirement, Savings on
At Generate we think long term. That’s why we support charities like LiveOcean. Today we made a $25k donation to help LiveOcean keep up their great work.
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Gillian Boyes: KiwiSaver's Covid 19 coronavirus report card
Posted in Kiwisaver, Retirement, Savings on
Gillian Boyes: KiwiSaver, the central pillar of our country's retirement savings system, has been hit with the biggest challenge of its 13-year life, after a long period of sustained high returns and buoyant world sharemarkets. KiwiSaver was last hit like this in the wake of the Great Financial Crisis in 2008. At that time, average balances were quite low because KiwiSaver was relatively new. Balances are now generally higher, which means a 10 per cent fall in your KiwiSaver balance is more likely measured in the thousands of dollars, rather than hundreds. The volatility that prompted the losses people saw in March has been followed by a pretty strong bounce-back in global and local sharemarkets. But we can't say with any certainty how long that will last.
View moreValue vs Growth
Posted in Kiwisaver, Retirement, Savings on
Broadly speaking there are two approaches for selecting stocks. First, buy the shares of companies that look cheap, which is labelled Value investing. Second buy shares in companies that are growing rapidly, which is labelled Growth investing. There are long periods of time where one investment style performs strongly while the other lags. Take for example the last decade, Growth stocks have performed very well. Think global internet powerhouses like Facebook, Amazon, Netflix and Alphabet; these stocks soared while the unloved old economy, Value stocks have languished.
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