Wellington, April 6 NZPA - The stock exchange operator saw an increase in the amount and value of shares traded in the first three months of the year, but capital raised failed to match the record a year earlier.

Wellington, July 21 NZPA - The New Zealand Superannuation Fund has ended investment relationships with ING (NZ) and NZX subsidiary Smartshares as it takes more investment management in-house.

Wellington, April 27 NZPA - Sharemarket operator NZX lifted first quarter net profit 40 percent from a year earlier to $3.04 million, despite turmoil in world financial markets. Chief executive Mark Weldon said the result was due to the success of the company's strategy.

Wellington, Feb 10 NZPA - NZX chief executive Mark Weldon has resigned as a director of NZX subsidiary Smartshares, which manages five exchange traded funds. In his place, NZX head of market development Damas Potoi has been appointed to the Smartshares board.

Wellington, July 24 NZPA - Exchange operator NZX Group lifted first half net profit 18 percent, despite a sharp decline in the market during the six months.

The best laid plans of investors often go awry (to paraphrase and Anglicise Robert Burns). A reader has made "an amused comment" about my recent statement that we should always buy shares with the intention of holding them for at least 10 years.