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AMP Capital

PFI net profit up, but suffers loss over tax depreciation

PFI net profit up, but suffers loss over tax depreciation
Wellington, Aug 2 NZPA - Property for Industry (PFI) today announced "consistently-high portfolio occupancy" resulted in a 16.7 increase in net operating profit for the first six months.

Kiwibank calls for compulsory KiwiSaver membership

Kiwibank calls for compulsory KiwiSaver membership
Wellington, July 2 NZPA - The boss of state-owned Kiwibank wants people to be compelled to join KiwiSaver, with individual contributions rising gradually over the next decade or two to reach 10 percent of income.

Market returns show global recovery well under way - AMP

Market returns show global recovery well under way - AMP
Wellington, April 20 NZPA - Strong returns for most forms of investment, particularly shares, showed the global economic recovery was well under way, AMP Capital Investors said today.

Equity Markets Still The Horse To Back - Strategist

Equity Markets Still The Horse To Back - Strategist
By Dave Williams of NZPA Wellington, Feb 9 NZPA - The New Zealand sharemarket is still a better bet than cash or bonds, despite it appearing to have peaked at the beginning of the year, says AMP Capital's head of investment strategy.

AMP Sees RBNZ Tweaking Interest Rate Rhetoric

AMP Sees RBNZ Tweaking Interest Rate Rhetoric
Wellington, Oct 20 NZPA - AMP Capital Investors thinks the odds are building for an earlier tightening than the Reserve Bank of New Zealand (RBNZ) is currently signalling.

Fund Wants Two-Year Extension To Sell Assets

Fund Wants Two-Year Extension To Sell Assets
Wellington, Aug 19 NZPA - The AMP Private Capital NZ Fund wants investors to vote on a two-year extension to give it time to sell its remaining assets.

NZ Dollar Does Not Stay Down For Long

NZ Dollar Does Not Stay Down For Long
Wellington, July 31 NZPA - The New Zealand dollar rose today in defiance of the Reserve Bank of New Zealand's latest attempt to talk it down.

NZ Sharemarket Continues Recent Rises

NZ Sharemarket Continues Recent Rises
Wellington, July 27 NZPA - The New Zealand sharemarket maintained its upward momentum with style today as leading shares posted gains ahead of the profit reporting season.

NZ Dollar Settles Into Range Below This Week's High

NZ Dollar Settles Into Range Below This Week's High
Wellington, July 24 NZPA - The New Zealand dollar was little changed today after spiking near this week's 9-1/2-month high during Thursday night trading.

Recession Is Over, But Shape Of Recovery Unknown, AMP Capital

Recession Is Over, But Shape Of Recovery Unknown, AMP Capital
Wellington, July 24 NZPA - Fund manager AMP Capital today declared closure on a recession in New Zealand that ended up being "run of the mill". Investors must now consider if the recovery will be "V" shaped or "W" shaped, with a double dip.