Financial advisers say their clients aren't panicking

Financial advisers say their clients aren't panicking
Jenny Ruth
Financial advisers say very few of their clients are panicking about the carnage in financial markets as a result of the coronavirus crisis and even fewer are making changes to their investments."We've had a couple of clients increase their bond weightings a few days ago," said Brent Sheather at Private Asset Management.His firm has always recommended clients target investing between 30 percent and 40 percent of their portfolios in bonds, particularly longer-dated bonds."We're not racing to change our asset allocation and we're quite grateful w...

More Finance

Kiwibank wary of capital-review barrier to growth
Finance

Kiwibank wary of capital-review barrier to growth

Kiwibank raises issues of competitive advantage.

Andy Macdonald 24 Oct 2025
Heartland Group’s Q1 trading solid, not without challenges
Finance

Heartland Group’s Q1 trading solid, not without challenges

Heartland Group reports solid Q1 performance as NZ business conditions challenging.

Staff reporters 24 Oct 2025
Kiwibank eyes a fairer fight with the Aussie big four
Finance

Kiwibank eyes a fairer fight with the Aussie big four

Kiwibank, partway through a $500m capital hike, sells growth and culture stories.

Andy Macdonald 23 Oct 2025
FNZ case adds plaintiffs in latest legal twist
Finance

FNZ case adds plaintiffs in latest legal twist

Employee shareholders at FNZ are using a second entity.

Victoria Young 22 Oct 2025