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THE NEW ZEALAND INVESTMENT RESEARCH EXPERTS
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Friday, May 18, 2012.
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FundSource is New Zealand's leading investment research house, supplying analysis to financial planners and fund managers since 1987. Our website is an insight into the comprehensive research conducted on New Zealand and Australian managed funds including prices, performances and general fund information.
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Feature Stories
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NZX 20 Index - new to market
17 May 2012. By NZX.
On 23 April, NZX launched a new equity index, the NZX 20 Index. The new index was created to form the basis of index futures. The reason why the NZX 20 Index was chosen as the basis for index futures, rather than the NZX 50 Index was because of feedback from stakeholders.
It was considered that having an index futures based on an index with 50 constituents was not feasible in New Zealand. For example, in order to effectively hedge the futures contract, it would ... more
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