Media

Devon Head of Retail Greg Smith talks to Mike Hosking about the positively received full-year numbers from Westpac. He also discusses why Mainfreight has fallen sharply ahead of its results. On the agenda as well is a look at Berkshire Hathaway’s record cash pile.

To listen to the full market update by Greg Smith please click here.

Devon Head of Retail Greg Smith talks to Mike Hosking about why markets reacted so positively to a soft US jobs report. Also up for discussion is Apple which delivered an earnings beat, but was cautious on the outlook. Staying with the telco theme, he also covers off what Spark had to say at its AGM.

To listen to the full market update by Greg Smith please click here.

Devon Head of Retail Greg Smith talks to ZB’s Mike Hosking about the surge in the share prices of Amazon and Intel, after both tech titans delivered better than expected results and an upbeat outlook. He also looks at what to make of the latest US inflation print ahead of the Fed meeting this week. Back home he discusses a couple of welcome positive updates from Fletchers and Sky City at their respective annual meetings.

Devon Head of Retail Greg Smith talks to Mike Hosking about why oil major Chevron has announced the biggest acquisition in its history. Also, up for discussion are a big pharmaceutical deal in Europe where another Healthcare name has beaten on expectations for revenues and earnings. Greg also looks at what may be driving the latest investigation by China into a foreign tech company and of the country's largest employers.

To listen to the full market update by Greg Smith please click here.

Devon Head of Retail Greg Smith talks to Mike Hosking about the very contrasting reactions to results from Tesla and Netflix. He also discusses the implications of a surprise fall in Aussie unemployment for the RBA’s next meeting on interest rates.

To listen to the full market update by Greg Smith please click here.

Devon Funds has been named a Responsible Investment Leader by the Responsible Investment Association Australasia (RIAA) in its landmark annual study launched today. This recognises our commitment to responsible investing and attributes as an investment manager.

To read the full media release, please click here

Devon Head of Retail Greg Smith talks to Mike Hosking about the fallout from events in Israel over the weekend on markets and commodity prices. He also discusses a blow-out jobs number in the US which was double forecasts, and what appears to have been a “Golden Week” for Chinese shoppers during a key holiday period.

By Greg Smith, Head of Retail at Devon Funds

After a challenging September, and a subdued start to October, are markets still in for a seasonally stronger final quarter of 2023? Inflation has fallen sharply in the US and Europe, while there may also be some locally driven tailwinds for the Kiwi market. 

Devon Head of Retail Greg Smith talks to ZB’s Mike Hosking about the better-than-expected inflation numbers from the US and Europe, and whether these may tick a few boxes for central banks looking to wrap up rate tightening programs.

Devon Head of Retail Greg Smith talks to Mike Hosking about the Bank of Japan’s decision to leave interest rates in negative territory, and what it says about the country’s historic battle with deflation over several decades.