Finance

Ambitious Australian trustee firm makes kiwi push

Victoria Young
Tue, 27 Aug 2019

By Victoria Young Aug. 27 (BusinessDesk) - Aussie upstart Sargon, best known in this market for its row with Perpetual Guardian owner Completus, is attempting another foray into the local trustee market. Sargon, which made headlines after its deal to buy Completus soured in 2017, has laid out its plans following the takeover of Auckland headquartered Heritage Trustees last year. The company has $50 billion in assets under management and supervision and pitches itself as a trustee cloud infrastructure provider. It was previously k...

Try free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
A custom library of your saved stories
An industry-leading search engine
Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Support quality New Zealand journalism by subscribing today.

Find out more

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion

PATTRICK SMELLIE: The first leaders’ debate changes nothing

Pattrick Smellie | Wed, 23 Sep 2020

Rarely in the last 40 years has a general election felt such a fait accompli as this one.

Opinion

DAVID CHAPLIN: When term deposits go bad

David Chaplin | Wed, 23 Sep 2020

Both the government and many investors are taking it slow on decisions to improve retirement savings returns.

Services

House of Travel: from record year to closing stores

Rebecca Stevenson | Wed, 23 Sep 2020

In 2019 House of Travel had turnover in excess of $2 billion. It's anything but business as usual now.

Partner Content

The whole story behind good investment decisions

If there was ever a time when strong financial metrics were the single trademark of a good company, that time has long passed. Responsible investors need to know beyond the profit a company will generate this year or next.