Asset pricing rules deterring KiwiSaver funds from private investments

Asset pricing rules deterring KiwiSaver funds from private investments
Sam Stubbs (Image: NZME)
Greg Hurrell
KiwiSaver providers should be able to opt out of rules that are hindering them from chasing potential higher returns in private assets, according to a legal opinion released on Thursday.The Centre for Sustainable Finance: Toitū Tahua (CSF) commissioned the legal opinion on those barriers from law firms Chapman Tripp and MinterEllisonRuddWatts. The two firms pointed out there was no outright legal prohibition in place now that prevented KiwiSaver providers from investing in private assets. Several KiwiSaver providers have already moved...

More Sustainable Finance

Moves afoot to push more commercial investment into climate adaptation
Infrastructure

Moves afoot to push more commercial investment into climate adaptation

KPMG says the global insurance market has sat up and noticed NZ's vulnerability.

Greg Hurrell 01 Jul 2024
$2b solar farm project aims to generate 15% of daytime electricity
Energy

$2b solar farm project aims to generate 15% of daytime electricity

The company is bucking trends by building before securing supply contracts.

Greg Hurrell 25 Jun 2024
Call for banks to think longer term to fund renewable energy
Property

Call for banks to think longer term to fund renewable energy

NZ's 'unmitigated disaster' housing sector also a key topic at conference.

Greg Hurrell 17 Jun 2024