Chris Castle, who has been involved with NZX companies for nearly 45 years, is participating in another complex backdoor listing. This time he is asking Aorere Resources shareholders to approve the re
New Zealand Rugby is poised for its biggest structural change in 25 years of professionalism with the bulk of its income and expenses carved out into a subsidiary if the controversial Silver Lake deal
The funds management big end of town may soon be the only end of town, or just town, if a PwC prediction comes to pass. According to a new PwC survey, about 16% (or one in six for the numerately diver
Sheldon has launched an unsolicited offer for any remaining SeaDragon shares at 4 cents a share. Sheldon is owned by a consortium that up until recently were the major shareholders in SeaDragon, inc
An Australian fascination with Fisher Funds Business journalism, as practised in Australia, is different from New Zealand. Just like Aussie politics, the scene is bigger and more rambunctious, and a l
New data from the US industry body, the Investment Company Institute, shows a global managed fund market in rude health. According to the ICI data, the amount of money mooching around in regulated fun
The announcement of a government-funded inquiry into whether to reopen the Marsden Point oil refinery is performative nonsense. The refinery is privately owned by Channel Infrastructure, which conclud
Fund managers don’t usually give away billions of dollars for nothing. But last week, ANZ revealed an executive decision that will return between $3 billion and $4b – let’s say $3.5b – of whol
By Paul McBeth Nov. 20 (BusinessDesk) - Bethunes Investments shareholders will vote next month on a deal to use its NZX listing as a vehicle for freight and logistics firm Transport Investments Ltd to
The two-thirds owner of Fisher Funds, Taranaki-based Toi Foundation, has scotched a report in Australian media that it is seeking to quit its holding in the newly beefed-up KiwiSaver provider and fund
New Zealand’s service sector went into contraction for the first time since February last year, according to BNZ-BusinessNZ’s Performance of Services Index (PSI). The PSI for April was 49.8, down
By Heather Gillers and Charley Grant Stock portfolios at large pension funds had a blockbuster run. Now, managers are cashing out. Corporate pension funds are shifting money into bonds. State and loca
By Paul McBeth Oct. 27 (BusinessDesk) - New Plymouth-based freight and logistics group Transport Investments Ltd plans to join the NZX through a backdoor listing via Bethunes Investment in a deal valu
By Paul McBeth July 22 (BusinessDesk) - Plexure Group expects to lift revenue by an undisclosed amount after signing US burger chain White Castle as a new customer. The US fast-food operator will us
By Jack Pitcher Cathie Wood ’s investors are jumping ship. They rushed into her funds and won big during the pandemic when the star fund manager became a social-media sensation by making bold bets
An Auckland lawyer has been suspended from practice after the New Zealand Law Society's standards committee laid charges that alleged misappropriation of more than $300,000 of client funds and deceitf
2 Cheap Cars Group Limited Ordinary Shares
How to lose $16m in a week Eroad founder Steven Newman’s exit came out of the blue, stunning investors who sent the share price tumbling near a two-year low. For Newman himself, the decision to ab
Manawa Energy Limited Ordinary Shares Company Details Registered Office: 108 Durham Street, Tauranga 3110 Postal Address: 108 Durham Street, Tauranga 3110 Telephone: +64-27-582-6600 Facsimile: n/a Web
Raelene Castle, ONZM, was born into a sporting family. Father Bruce captained the New Zealand rugby league team and mother Marlene represented the country in lawn bowls at four Commonwealth Games, win
By Jonathan Underhill Nov. 25 (BusinessDesk) - Bapcor's offer for Hellaby Holdings is "compelling" and in trying to fend off the approach, the diversified investor has overstated its prospects and it
Marlin Global Limited 20/05/2022 $1.28 Warrants
Greenfern Industries Limited Ordinary Shares Company Details Registered Office: 127 Normanby Road, Normanby 4671 Postal Address: 127 Normanby Road, Normanby 4671 Telephone: +64-27-420-2476 Facsimile
Fisher Funds is removing performance fees across all its KiwiSaver and managed funds’ multi-asset portfolios. In a note to clients, Fisher Funds said it was looking to leverage the scale from last y
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