Alvarium NZ is part of a multinational merger deal that will see the fund manager listed on the Nasdaq a part of a larger group, BusinessDesk understands. The boutique asset manager is the majority sh
AMP Wealth Management will exit its offices in both Auckland and Wellington, but has quietly taken the 'for sale' sign off its New Zealand business. The wealth manager, which has about $6 billion in
By Gavin Evans Feb. 1 (BusinessDesk) - Hydrogen may have a role in niche freight and heavy transport operations, but is unlikely to be competitive against gas or electricity in other New Zealand trans
Kiwi Group Holdings today confirmed it has hired Goldman Sachs to sell its fund management subsidiary, Kiwi Wealth. The fund manager is the country's fifth largest KiwiSaver provider and recently won.
As flagged last month, the government-owned investment business, Kiwi Wealth, is now a location of interest for fund management shoppers. While rumours have been circulating for some time, this week t
NZX has confirmed it is considering selling a stake in its wealth technologies division to a strategic partner, after it was reported as being for sale by Investment News. The specialist news website.
New Zealand’s fund managers have been quietly adding charitable strings to their wealth-creation bows to provide sustainable sources of revenue for those in need. Their altruistic efforts are varied
By Jenny Ruth May 2 (BusinessDesk) - AMP’s New Zealand wealth management business suffered a net cash outflow of A$52 million in the March quarter, a big turn-around from a net inflow of A$53 millio
The greatest wealth transfer in history – from baby boomers to younger generations – has begun. This massive wealth transfer will have an enormous impact on investment trends, the financial sector
Formerly Wellington Drive Technologies Company Details Registered Office: 78 Apollo Drive,, Rosedale, Auckland 0632 Postal Address: PO Box 302533, North Harbour, Auckland 0751 Telephone: +64 9 477 0
Alvarium Wealth – the joint venture between rich lister Ben Gough and UK global asset manager LJ Partnership – has taken over Pathfinder Asset Management after buying the remaining 49% of the comp
“Let them eat cake” was a quote attributed to Marie-Antoinette, the bride of France’s King Louis XVI. With that callous remark, the queen became a hated symbol of the decadent monarchy and fuell
$1.62 Open $1.62 0.045 0% January 24, 2024, 6.12am Today 5D 1M 1Y 2Y Key announcement - click for info Created with Highcharts 8.2.2Mar '23May '23Jul '23Sep '23Nov '23Jan '24121.251.51.75 20 minute de
WasteCo Group Limited Ordinary Shares Company Details Registered Office: 421 Blenheim Road, Upper Ricarton, Christchurch 8041 Postal Address: 421 Blenheim Road, Upper Ricarton, Christchurch 8041 Telep
AMP has abandoned plans to sell its New Zealand wealth management business following disruption caused by the covid–19 pandemic to economic and financial markets. The company said it held discussio
The Netherlands’ oldest independent wealth manager has bought a 62-ha organic apple orchard from veteran Hawke’s Bay grower John Bostock. A statement from Van Lanschot Kempen said its Kempen SDG F
Businessman Eric Watson may be in jail, but his wealth continues to evade former business partner Owen Glenn. At Watson’s sentencing last week, Glenn’s lawyer outlined how difficult tracing Watson
Iperion Limited Ordinary Shares
A widespread outage of Microsoft services that affected several large businesses this morning is unrelated to a cyber attack last night and is limited to New Zealand, the software giant says. Microsof
Kiwi Group Holdings has enlisted Goldman Sachs to explore a possible sale of its fund management business Kiwi Wealth to free up some capital, BusinessDesk understands. One source, who declined to be.
Forsyth Barr is sticking to a tight script around mounting speculation that the wealth management firm is the top bidder in the rumoured sale of Hobson Wealth. Hobson has more than $4 billion in asset
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