Patient Rangatira eyes more scope for international stocks, private stakes

David Pilkington. (Image: Supplied)

Tue, 10 Dec 2024

Rangatira is not the flashiest of investment houses around the country. Its history is embedded in the philanthropic vision of 20th century retailer John McKenzie, whose eponymous chain of general merchandise stores went up and down the country before LD Nathan & Co bought the company in 1980. Rangatira was the majority owner of the department store chain until the sale and has since invested alongside all sorts of well-known local companies while providing a steady income for the JR McKenzie Trust to pursue its goals of advancing...

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