Craigs announces sale of QuayStreet Asset Management Business to Smartshares Limited
NZX Limited’s wholly owned subsidiary, Smartshares Limited, is acquiring the QuayStreet business. The acquisition includes all ten of QuayStreet’s managed funds and QuayStreet KiwiSaver.
October Monthly Market Update
After a torrid year, much of it caused by central banks rapidly raising rates to contain inflation, a glimmer of hope began to emerge that the current global tightening cycle may soon be coming to an end. Despite inflation remaining at elevated levels across many parts of the world, there were a number of surprising dovish policy announcements by major central banks over the month.