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27 Apr 2024

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NZX buys QuayStreet, signs agreement with Craigs
23 November 2022 – NZX Limited (NZX) today announced an agreement to acquire – through its wholly owned subsidiary, Smartshares Limited (Smartshares)

Smartshares and BlackRock launch eight ETFs on NZX
NZX's Smartshares and global asset manager BlackRock rang the bell at the New Zealand stock exchange to launch eight new exchange-traded funds, including two thematic funds that target automation and robotics and healthcare technology

Smartshares, Blackrock to launch 8 new ETFs on NZX
NZX's Smartshares and Blackrock, the world's biggest asset manager, will launch eight new exchange traded funds (ETFs) on the exchange this June.The funds will have environmental and social responsibility (ESG) themes and will offer...

NZX's Smartshares emerging markets ETF swells by almost 50% with new subscription
NZX's Smartshares emerging markets fund has grown by almost half with an institutional investor subscribing for $28.7 million new units in the passive investment vehicle

Energy Mad borrows $1mn at 20% as losses narrow
Energy Mad, the energy efficient light-bulb developer and retailer has borrowed a further $1 million to meet its capital needs, paying an interest rate of 20 percent under a one-year loan from Smartshares Limited, the pioneer of ETF

Mary Holm: Smartshares a good bet for small sums
One of your questions last week was from someone who had received $125,000, and you suggested considering 10 to 15 stocks via an adviser.You mentioned you need at least $100,000 to get properly diversified, which I think will put...

KiwiSaver transfer could trigger hefty tax bill
Twelve members of the stock exhange's Smartshares KiwiSaver scheme have been told they could face a hefty tax bill if they move schemes because of changes to tax laws in the United Kingdom.The NZX has written to members of its Smartshares...

NZX to launch two Aust ETFs; Craigs appointed market maker
NZX's Smartshares unit, which is being combined with new acquisition Superlife next year, will launch two new exchange traded funds giving investors exposure to Australia's property and high dividend paying firms, and has appointed Craigs Investment Partn

NZX gets another competitor for its Smartshares passive funds
Dean Anderson left NZX and founded the Kernel fund company to compete with it.

Simplicity launches index fund price war with NZX's Smartshares
Not-for-profit KiwiSaver provider Simplicity has launched two low-cost index funds in direct competition with NZX, the operator of the New Zealand sharemarket.

Mary Holm: Picking through the fund fruit salad
If Smartshares are supposed to be index tracking, why has, in particular, their NZ Top 50 tracking fund, FNZ, performed significantly worse than the index?For example, since January 2014, according to Google, NZ50G has gone up 50...

NZX taps Guy Elliffe, John Williams to Smartshares board
NZX has appointed former AMP Capital Investors executive Guy Elliffe and John Williams from Trust Investments Management, as independent directors to the stock market operator's Smartshares board

NZX launches three new ETFs
NZX's Smartshares unit, which is being combined with new acquisition Superlife next year, is launching three more exchange traded funds, giving investors exposure to Australia's resource and financial sector and dividend paying New Zealand stocks