Lessening your risk.

By | Insights
Andrew Carnegie, the Scottish-American industrialist, led the expansion of the American steel industry in the late 19th century and is often regarded as one of the wealthiest people of all...
Andrew Carnegie, the Scottish-American industrialist, led the expansion of the American steel industry in the late 19th century and is often regarded as one of the wealthiest people of all time. He became a leading philanthropist and, in the latter years of his life, he is believed to have given away almost 90 percent of his fortune. In doing so he stimulated a wave of large scale philanthropy across the US and Europe in particular giving to local libraries. In a speech to a group of students in Pittsburgh in June 1885 he famously said to his audience: “put all... Read more

Hobson Wealth Partners increases its commitment to the New Zealand financial markets

By | Insights
Auckland, New Zealand: Monday 2 July, 2018 Hobson Wealth Partners (Hobson Wealth) has become a Trading and Clearing Participant of the NZ Exchange, the first New Zealand cash market Trading...
Auckland, New Zealand: Monday 2 July, 2018 Hobson Wealth Partners (Hobson Wealth) has become a Trading and Clearing Participant of the NZ Exchange, the first New Zealand cash market Trading and Clearing Participant accredited since the launch of the NZX Clearing House in 2010. From today, Hobson Wealth will be buying and selling NZX listed securities direct for its clients through its team of experienced dealers. Previously, trading activity was outsourced to a third-party provider. “This is an important development for Hobson Wealth and its clients as well as the New Zealand market” says Hobson Wealth Managing Director Warren Couillault.... Read more

NZ stock market still looks healthy

By | Insights
One indicator often used to gauge the market’s health is looking at the number of advancing stocks versus the number of declining ones. This indicator of market breadth measures the...
One indicator often used to gauge the market’s health is looking at the number of advancing stocks versus the number of declining ones. This indicator of market breadth measures the difference of how many stocks are going up on a daily basis compared to the number of stocks falling. In rising stock markets the indicator suggests that the uptrend is still in place. If the market is still going up but more individual securities are falling rather than rising, this can by an early indicator that the trend may be turning. Looking at the S&P/NZX 50 Gross Index versus market... Read more