Recent Awards

New Zealand Fund Manager of the Year 2014

Fund Manager of the Year: Domestic Equities Category, NZ 2014

Fund Manager of the Year: Fixed Interest Category, NZ 2014

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Investment Solutions

Retail Investors

Harbour offers retail investors the following range of NZ unit trust Portfolio Investment Entities (PIEs) either through an Authorised Financial Advisor or RaboDirect:

Australasian Equity Fund

Australasian Equity Income Fund

Australasian Equity Focus Fund

NZ Core Fixed Interest Fund

NZ Corporate Bond Fund

Wholesale Investors

Harbour offers wholesale investors a range of NZ unit trust Portfolio Investment Entities (PIEs). Contact Jody Kaye for more information.

Non-Resident Investors

Harbour offers wholesale and retail non-resident investors a range of NZ unit trust Portfolio Investment Entities (PIEs). Contact Jody Kaye for more information.

Latest Research

Harbour Navigator - 7 August 2014

Dairy prices, the New Zealand dollar, interest rates and economic growth

Dairy prices, as measured by the Global Dairy Trade Price Index, are now 41% off their February peak. Next year’s forecast Farm Gate Milk Price of $6.00, faces risk of a fall towards $5.00 according to some estimates if current global dairy prices hold.

Australasian Equities Monthly Commentary - July 2014

Improving global growth, softening local growth

The New Zealand equity market returned 0.5% in July, but was out-shone by a buoyant Australian market which rose 4.4% in the month. The MSCI world equity index fell 0.8% in July with the fall concentrated on the last trading day.

Fixed Interest Monthly Commentary - July 2014

Time for a breather in NZ rates and credit

NZ interest rates fell in July, with the NZ 2 year swap rate and NZ 10 year government bond yield both falling 10 basis to 4.10% and 4.30% respectively.

Investment Horizons - August 2014

Normalising volatility

In the last few weeks equity prices have pulled back a little, credit spreads have widened slightly and some measures of volatility (such as the VIX index) have risen. Reading some headlines, investors might think that an asset price crash is ahead. We think most of the talk misses the point.

Latest Media - 11 August 2014

The NZ dollar’s continued strength has currency experts puzzled

The kiwi typically follows international dairy prices, but it's stronger now than it was in February, when prices began to fall at auction. Listen to Oyvinn Rimer, Investment Analyst from Harbour Asset Management, on Morning Business. - 1 August 2014

NZ dollar falls after milk payout news

New Zealand shares fell, the benchmark Top 50 Index sinking 22 points to 5166. Harbour Asset Management managing director Andrew Bascand said the market has been in a consolidation period awaiting the earnings round which starts in the next couple of weeks. - 23 July 2014

A fund manager says an OCR hike on Thursday is iffy

Harbour Asset Management is bucking conventional wisdom by calling the Reserve Bank's decision on whether to raise interest rates on Thursday a fifty-fifty call.