Subscribe today - find out more
Why you should consider BusinessDesk
Markets

ForBarr sees Octagon shaped hole in fund management

Dan Brunskill
Fri, 03 Dec 2021

ForBarr sees Octagon shaped hole in fund management
Chief investment officer Paul Robertshawe said there was an opportunity in the market for another “biggish boutique”. (Image: supplied)
Dan Brunskill
Fri, 03 Dec 2021
Forsyth Barr’s new fund management subsidiary aims to fill a space in the market for a mid-sized active firm and deal with perceptions of any conflict of interest.Octagon Asset Management is essentially a spin out of the broking firm’s existing funds management team, who have been set up with their own brand and governance.Forsyth Barr remains the sole owner of the new entity, but its staff will become shareholders over time. It will start with $650 million of funds under management.Octagon’s chief investment officer Paul Robe...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Primary Sector
The next big milestone in the A2 class action
Rebecca Howard | Thu, 20 Jan 2022

Once the court decides how the matter will proceed it will make orders for A2 Milk to file a defence, say Shine Lawyers. 

Opinion
Vocus-2degrees merger makes sense – can they make it work?
Peter Griffin | Thu, 20 Jan 2022

The question isn’t whether 2degrees and Vocus should come together. It’s how will this newly merged player give us the third strong market player we’ve long needed.

Primary Sector
Fonterra wants new capital structure in place by June
Rebecca Howard | Thu, 20 Jan 2022

Talks are underway between the government and Fonterra to hammer out the final details of the capital structure reform. 

Sponsored
How to pick the perfect real estate investment now

Now is a good time to get on the property investment ladder - here is how to get there.

Sponsored
Green energy for green farms and green trucks

Ballance Agri-Nutrients and Hiringa Energy are preparing to make green hydrogen to power trucks and produce sustainable farm fertiliser.