BlackRock insists: 'We’re committed to NZ'

BlackRock insists: 'We’re committed to NZ'
BlackRock Australian executive Andrew Landman announcing the proposed NZ fund in August 2023. (Image: NZME)
Pattrick Smellie
The global investor behind the liquidation of innovative New Zealand electricity provider SolarZero rejects suggestions that it is no longer committed to NZ, citing that it has opened an Auckland office as evidence.However, a Sydney-based spokesperson could not extend that commitment to continued backing for the $2 billion NZ climate change investment fund that BlackRock announced it would seek to establish last August.They also stressed that SolarZero, a renewable energy investment contributing to decarbonisation initiatives, was a &ldquo...

More Finance

No longer 'boutique' Generate is executing, CEO says
Finance

No longer 'boutique' Generate is executing, CEO says

The fund manager is now the seventh-largest KiwiSaver provider.

Gregor Thompson 09 May 2025
ANZ half-year profit surges on non-cash gains
Finance

ANZ half-year profit surges on non-cash gains

Cash earnings were flat, and net interest margin rose slightly.

Pattrick Smellie 08 May 2025
BNZ preserves margins on flat half-year
Finance

BNZ preserves margins on flat half-year

BNZ outranks its Australian cousins for customer preference.

Pattrick Smellie 07 May 2025
Westpac's NZ net interest margin expands again
Finance

Westpac's NZ net interest margin expands again

Net interest margins rose in NZ, but shrank for the group as a whole.

Pattrick Smellie 05 May 2025