InvestNow's parent company IIS sold to global financial services firm Apex Group

InvestNow's parent company IIS sold to global financial services firm Apex Group
IIS founder Anthony Edmonds and InvestNow general manager Mike Heath. (Image: IIS)
Dan Brunskill
New Zealand retail investment platform InvestNow has been sold to an international investment services firm Apex Group for an undisclosed sum. InvestNow is an online investment platform that allows its 25,000 customers to invest in various managed funds and term deposits. Its clients manage about $1.3 billion of assets, including its InvestNow KiwiSaver scheme.The platform is a subsidiary of Implemented Investment Solutions Holdings (IIS), which helps large global fund managers establish and distribute NZ-domiciled funds to their investors...

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