Tons of funds
New FMA CEO Samantha Barrass is looking into unregulated wholesale funds. (Image: FMA)
David Chaplin
New data from the US industry body, the Investment Company Institute, shows a global managed fund market in rude health.According to the ICI data, the amount of money mooching around in regulated funds around the world tipped above US$71 trillion in 2021, growing just over US$7t in the latest calendar year alone and more than doubling over a10-year period.Much of the growth last decade was down to generally compliant markets, but over the same period “worldwide demand for regulated funds as measured by net sales – total sales, minus...

More Law & Regulation

Court allows Port of Tauranga fast-track panel to proceed
Infrastructure

Court allows Port of Tauranga fast-track panel to proceed

Bay of Plenty hapū had been seeking interim relief as part of judicial review.

Oliver Lewis 25 Jul 2025
Bathurst fails to strike-out Talley's claims
Markets

Bathurst fails to strike-out Talley's claims

Talley's is alleging Companies Act breaches by its coal JV partner.

Pattrick Smellie 25 Jul 2025
FMA warns lenders on mortgage fraud
Finance

FMA warns lenders on mortgage fraud

The FMA sees dangers for borrowers if lenders aren't vigilant.

Staff reporters 25 Jul 2025
Spotlight on conduct outside the workplace
Law & Regulation

Bronwyn Heenan: Spotlight on conduct outside the workplace

I was impressed with the way Astronomer dealt with the Coldplay kiss cam issue.

Bronwyn Heenan 25 Jul 2025