Kingfish has provided a copy of its June Quarterly Newsletter which has also been mailed to shareholders.
Newsletter includes: - Commentary on the quarter - Performance as at 30 June 2023 - Portfolio holdings as at 30 June 2023
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Economy
Seeking a faster, sharper ComCom
A ‘gold standard’ approach and siloed structure slow the ComCom down.
Markets
NZ dollar on watch ahead of 3Q GDP, Fed signals
Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.
Finance
Craigs beefs up in Hawkes Bay, eyes further expansion
Craigs looks to further expansion as it confirms the Somerset Smith Partners deal.
