BRIAN GAYNOR: What is Dio doing with its parents’ donations?

Brian Gaynor
Wed, 16 Sep 2020

Brian Gaynor
Wed, 16 Sep 2020
The revelation the Diocesan School for Girls Heritage Foundation has an exposure to the failed Penrich Global Macro Fund has raised serious questions about its governance and investment strategies.The foundation, which “provides financial and other assistance for the benefit of Diocesan School for Girls” had cash and investment funds of $7.7 million at the end of December 2017. In the following two-year period, the 24 months ended December 2019, the Foundation had a total investment return of 11.8 percent while the these four m...

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MARKET CLOSE: Kiwi falls on economic concern
Dan Brunskill | Thu, 24 Sep 2020

The kiwi dollar sank to its lowest level since late August as the safe-haven US currency continued to attract buying amid a sustained equity sell-off due to fears of recession.  

ELECTION 2020: Scared or excited about a Labour-Green govt?
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Finance professionals have grown comfortable with Grant Robertson over the past three years. Will a new governing arrangement change that?

Law & Regulation
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Dan Brunskill | Thu, 24 Sep 2020

Financial services firms that keep failing compliance tests can expect to end up in court, says the FMA boss, Rob Everett.

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