FNZ and the global chase for scale

FNZ has evolved from an obscure back-office experiment to a global powerhouse. (Image: Getty)

Tue, 10 Jun 2025

One of my specialist areas of knowledge is Australasian investment platforms of the late 20th and early 21st centuries.If I were a contestant on, say, the New Zealand version of The Chase hosted by well-known Kiwi broadcasting identity, Paul Henry, the following question would be a no-brainer:What is the name of the Australian investment platform operated by Perth-founded company Sealcorp that sparked an uproar among financial advisers when it sold in 1997 to St George Bank (later acquired by Westpac) for the then-outrageous sum of A$272 millio...

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