An IPO is an Initial Public Offering. It’s the first time new shares in a company are offered to investors in the wider public. These shares are then listed on a stock exchange, such as the NZX or ASX.
An IPO can be riskier than other sharemarket investments, because there isn’t any past history on the stock exchange. However, it’s also possible that the lack of historical share price provides a buying opportunity. In this article from the FMA editorial team, you can get more information on IPOs and things to look out for before you invest.
The FMA’s Director of Market Engagement John Botica and Principal Consultant Derek Grantham reflect on lessons learned from the first year of Financial Advice Provider (FAP) full licensing and share their view on what matters most in the months ahead.
The FMA editorial team talks about managed funds in this article. “A balanced fund usually has moderate risk, so you’re not risking as much uncertainty of achieving your investing goals or as much potential for loss by being in one. But remember to check your fund type is still good for your situation – if you’re getting closer to retirement or buying that first home, it’s time to start thinking about a more conservative fund.”
This FMA Investor Profile focusses on Rory Lynch. While completing a finance major during university, it dawned on Rory that he ought to start thinking about his financial future and putting his education to good use. This seeded the start of his investing journey and he’s taken a self-directed, data-driven approach to investing ever since.
New legislation passed last month requires certain entities, known as Climate Reporting Entities (CREs), to produce annual climate statements that identify and report on the impact of climate change on their organisations and disclose their greenhouse gas emissions.
The aim of the legislation is to help ensure the effects of climate change are routinely considered in their businesses, investments, lending and insurance underwriting decisions. FMA director of capital markets, Sarah Vrede talks about how the new regime will be introduced and who needs to get ready.
WARNING: New Zealand’s Financial Markets Authority has issued public warnings about two entities connected with Chinese businessman called Wengui Guo, or Miles Guo; after receiving separate complaints about GTV Media Group (GTV) and Himalaya Exchange
Most investors are doing the right things – they’re diversifying their portfolios and they’re doing their research. However, some are jumping into investments because they have a fear of missing out and some are jumping in without fully understanding what it is they are committing to. Gillian Boyes, Manager Investor Capability for the FMA explains.
First Capital was the 100th applicant through the Financial Advice Provider (FAP) full licence door, and their Class 2 application was approved on September 10. Managing Director Hugh Percy talked to the FMA’s Anita Frazer about his experience of the journey.
One of the first big decisions you need to make is which type of FAP full licence is right for you, as this determines some of the things you need to think about now, and have in place, in support of your full licence application. On this page Derek Grantham, Principal Consultant, Market Engagement at the FMA talks about your options.
Cryptocurrencies are highly volatile, and many investors have been attracted to the spectacular gains in recent times. In this article, the FMA talks about the things you can do to protect yourself if you’re determined to invest in cryptocurrency.
This piece aims to provide some ‘food for thought’ as firms start to develop or review their current customer vulnerability processes and procedures. It outlines the common themes that emerged during the FMA’s engagement with industry post-lockdown 2020.
Financial advice providers have had a lot on their plate recently so it’s not surprising that some transitional licence holders have been slow to turn their mind to full licensing. But as someone who’s worked closely with the sector for the last 10 years, I believe there are clear benefits to getting the job done early. And it’s not for the reasons you may think.