Sector archive
Browse recent results from companies in the same sector.
Showing 1-24 of 54 published briefings.
An 8.4 percentage point benchmark gap drove a NZ$13.6m net loss and pulled NTA to NZ$1.20 while annual distributions slipped to 10.84cps.
Published 25 May 2026
Read briefingAn Asian equity rebound delivered unprecedented capital gains, but the 29p distribution remains only 83.1% covered by investment income.
Published 22 April 2026
Read briefingManager underperformance widened to 11.0pp and NAV per share fell 8.3% even as the absolute portfolio result stayed within historical norms.
Published 22 April 2026
Read briefingRecurring investment income held above its historical range, but a NZ$13.5m portfolio loss pushed NPAT to -NZ$15.4m and NTA per share to NZ$0.63.
Published 22 April 2026
Read briefingInvestment income held inside the historical band, but the interim dividend now exceeds NPAT and the portfolio trailed its benchmark by 2.2 points.
Published 22 April 2026
Read briefingNPAT fell 61.7% to NZ$16.4m as fair-value gains receded against a near-flat benchmark, while NTA per share slipped 5.2% to NZ$1.34.
Published 22 April 2026
Read briefingInvestment income fell 3.1% to NZ$50.6m and the 12.7% NAV total return lagged the 14.1% benchmark, leaving the dividend just covered.
Published 22 April 2026
Read briefingInvestment income held above the historical baseline at $1.2m, but portfolio total return fell 86.3% while the benchmark posted a record 50% gain.
Published 22 April 2026
Read briefingRecord investment income of NZ$4.8m was outpaced by NZ$12.3m in distributions, leaving capital gains to fund the gap.
Published 22 April 2026
Read briefingA strong first half drove the $40.8m full-year NPAT, but H2 reversed and NTA per share sits at the lower edge of its four-year range.
Published 22 April 2026
Read briefingPortfolio total return of 2.4% trailed the 3.3% benchmark while NAV per share slipped 4.7% to a below-range 2.16x.
Published 22 April 2026
Read briefingNTA per share rose 8.5% to $1.02 and dividend income hit an unprecedented $0.9m, but benchmark underperformance is the central read.
Published 22 April 2026
Read briefingSmaller fair-value gains drove NPAT down 47.6%, lifting the payout-to-NPAT ratio to 51.3% versus a 26.5% historical mean.
Published 22 April 2026
Read briefingInvestment income rose 3.0% but a 7.2% portfolio return lagged the 7.6% benchmark, reversing last year's 0.7pp outperformance.
Published 22 April 2026
Read briefingRecurring investment income held flat at NZ$5.5m, leaving distributions only 48.8% income-covered despite the headline swing.
Published 22 April 2026
Read briefingRevenue return rose 39.9% and refilled the £29.9m revenue reserve, but the portfolio still lagged its Asia Pacific high-yield benchmark by 1.1pp.
Published 22 April 2026
Read briefingStrong absolute gains came against a benchmark return of 15.2%, which sits at the lower edge of Annolyse's historical range.
Published 22 April 2026
Read briefingInvestment income rose 4.4% to $4.2m, but lower fair-value contribution cut total return 24% and ROE from 19.2% to 13.0%.
Published 22 April 2026
Read briefingStrong capital return lifted net assets above the historical baseline, but softer investment income left distributions at 102.9% of NPAT.
Published 22 April 2026
Read briefingDistributions of NZ$23.0m absorbed the portfolio rebound, leaving net assets at NZ$457.6m versus the NZ$461.6m–NZ$505.4m historical range.
Published 22 April 2026
Read briefingPortfolio beat its reference index by 3.1pp, but revenue return covered only 56.4% of distributions and net assets fell 10.2% to NZ$368.6m.
Published 22 April 2026
Read briefingAn above-range portfolio result drove the swing to profit, but running investment income of NZ$0.4m covers only 7.9% of distributions paid.
Published 22 April 2026
Read briefingPortfolio total return of 8.8% beat the benchmark by 1.1pp, but a lower effective tax rate flattered the 39.3% NPAT print.
Published 22 April 2026
Read briefingStrong portfolio capital return masked a 5.4% drop in investment income, narrowing distribution coverage as the interim dividend was raised.
Published 22 April 2026
Read briefingGet full NZX result briefings by email as new coverage is published.