Fisher Funds has an amazing team of experts who are often asked by journalists and media commentators for their opinions on all sorts of topics - from investment products like KiwiSaver and Managed Funds, to broader economic trends in New Zealand and around the world. These articles and comments appear in newspapers, radio programmes and other media channels.
Read and listen to what the team were talking about in the last month.
Read: What does ESG have to do with the price of eggs?
21 February 2023
NBR
Robbie Urquhart - Senior Portfolio Manager
In 2012, legislation was introduced in New Zealand banning battery-caged eggs, with the ban coming into force in January 2023.
From an environmental standpoint, the change in egg production regulation is clearly beneficial. Society has rightfully required the standards of animal husbandry to be lifted through time.
However, higher environmental standards often come with visible, material short term cost increases for consumers as we’ve seen with the eggs example.
Listen: The disappointing results from America's fourth quarter earnings season
16 February 2023
Newstalk ZB
Sam Dickie - Senior Portfolio Manager
The fourth quarter earnings coming out of US markets leave a lot to be desired, according to experts.
Credit Suisse estimates that the first and second quarter earnings for 2023 are likely to disappoint US companies in the coming months.
Sam Dickie from Fisher Funds says the US is likely in an 'earnings recession', and profit growth is at -5 percent. These fourth quarter earnings are a sign of an earnings contraction, and this will likely get worse with time.
Listen: This round of quarterly financial results
26 January 2023
Newstalk ZB
Sam Dickie - Senior Portfolio Manager
Stocks have risen this Monday, as investors have observed that interest rate hikes from the Federal Reserve may be slowing down.
This newly released round of quarterly financial results have indicated that figures are surging, especially following China's reopening.
Sam Dickie from Fisher Funds says that these rises are linked to interest rates potentially slowing down and China reopening following the Covid-19 shutdown.
Read: Inflation remains a back pocket thief, more OCR punch next month
25 January 2023
NBR
David McLeish - Head of Fixed Income
Fisher Funds’ Senior Portfolio Manager David McLeish told NBR inflation remained a sticky beast, contrary to overseas where there had been some pullback over the last six months.
He said non-tradeable (domestic) inflation had notched back – which was a sign that inflation had reached a peak.
