NZX sells FundSource to Australia's Zenith Investment Partners

NZX sells FundSource to Australia's Zenith Investment Partners
Paul McBeth
By Paul McBeth May 22 (BusinessDesk) - NZX has wrapped up the sale of its FundSource research house to Australia's Zenith Investment Partners for an undisclosed sum.  The stock market operator has been restructuring to put a greater emphasis on its core markets business, selling assets it no longer sees as a right fit. The FundSource unit, which supplies analysis to financial advisers and fund managers, was the last of those businesses on the block. NZX today said it's signed a conditional sale and purchase agreement with Zenith, which...

More Markets

Anna Scott joining Mercer
Markets

Anna Scott joining Mercer

Former Smart boss will replace current Mercer chief executive Martin Lewington.

Solar still on the rise, Ecotricity says
Markets

Solar still on the rise, Ecotricity says

Commercial solar generation is up almost 300%.

Expectations of rate cuts boost NZ sharemarket in light trade
Markets Market close

Expectations of rate cuts boost NZ sharemarket in light trade

There were 89 rises and 48 falls on the main board.

Jamie Gray 02 Jul 2025
Smart CEO Anna Scott resigns
Markets

Smart CEO Anna Scott resigns

Anna Scott will take up her new role on October 1.

Staff reporters 02 Jul 2025