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

Fast-food chain float could give Fonterra a steer
Finance

Brian Robins: Fast-food chain float could give Fonterra a steer

After a dearth of IPOs, all eyes are on Guzman y Gomez. 

Brian Robins 20 Jun 2024
Whineray appointed new Jarden chair
Finance

Whineray appointed new Jarden chair

Fraser Whineray quit as Fonterra's chief operating officer in July 2023.

Murray Jones 19 Jun 2024
Bluebird improves profits after investment in Wiri site
Finance

Bluebird improves profits after investment in Wiri site

Bluebird Foods NZ has posted a profit of $13.2m for the year ended December 2023.

Staff reporters 18 Jun 2024