The prospect of AustraliaSuper taking Infratil off the NZX has reignited concerns about New Zealand’s thin capital markets, but fund managers say similar sets of assets will still be available. Crai
(Fixes size of holdings in third paragraph) By Jonathan Underhill Aug. 14 (BusinessDesk) - Fund managers employed by the state-owned Accident Compensation Corp are set for a payday after WSP Global I
By Sophie Boot Dec. 9 (BusinessDesk) - Mercer Group, the unprofitable stainless steel fabricator, has issued 130.8 million new shares at 1 cent each to fund its purchase of the assets and business o
Forsyth Barr and Jarden analysts have raised their target prices for exchange operator NZX following a 10% guidance lift. NZX Ltd said Monday it expects full-year 2024 operating earnings before inte
Manawa Energy Limited Ordinary Shares Company Details Registered Office: 108 Durham Street, Tauranga 3110 Postal Address: 108 Durham Street, Tauranga 3110 Telephone: +64-27-582-6600 Facsimile: n/a Web
The funds management big end of town may soon be the only end of town, or just town, if a PwC prediction comes to pass. According to a new PwC survey, about 16% (or one in six for the numerately diver
Greenfern Industries Limited Ordinary Shares Company Details Registered Office: 127 Normanby Road, Normanby 4671 Postal Address: 127 Normanby Road, Normanby 4671 Telephone: +64-27-420-2476 Facsimile
Harbour Asset Management has acquired Tony Hildyard's Hunter Global Fixed Interest Fund, taking its funds under management to about $7.5 billion. The $1.1b Hunter fund was previously offered under the
HRL Morrison & Co said it has secured more than US$3 billion in funding commitments to establish a new, open-ended global infrastructure fund. The new fund, Morrison & Co Infrastructure Partnership (M
Fieldays was on the campaign trail. Changes to the immigration system are causing more harm than good....
Marlin Global Limited 20/05/2022 $1.28 Warrants
By Joshua Riddiford Aug. 25 (BusinessDesk) - The biggest selloff in stock markets in at least four years, slumping commodity prices and a surge in Wall Street's fear gauge don't mean the world economy
Fund managers are concerned that the New Zealand Stock Exchange isn’t focused on its core market and want to see Smartshares spun off into a separate company. Sam Stubbs, the outspoken founder of Si
Grant and Marilyn Nelson are still waiting for a judicial review ruling against MSD. With polls looming, the opioid crisis will disrupt the balance the pr
By Paul McBeth Feb. 26 (BusinessDesk) - High profile fund manager Milford Asset Management could have avoided cutting a deal with the Financial Markets Authority over alleged market manipulation by on
Traditional fund managers fleeing to the safety of index-hugging strategies are behind the carnage seen in publicly listed innovation stocks, said Ark Innovation founder Cathie Wood. Speaking at her c
The institutional bookbuild for My Food Bag’s initial public offer has received strong support from fund managers jostling for space on the share register, BusinessDesk understands. A source familia
By Jenny Ruth March 20 (BusinessDesk) - The managers of five government-related funds with more than $90 billion in funds under management say they are adding their weight to callers for multi-nationa
By Pattrick Smellie Oct. 6 (BusinessDesk) - New Zealand fund managers woke up to the importance their customers place on investing in companies with high environmental, social and governance (ESG) sta
By Jenny Ruth April 1 (BusinessDesk) - Another 18 local and international fund managers have joined the five New Zealand government-related fund managers who last month called for greater controls on.
A deal aimed at fixing post-Brexit issues in Northern Ireland stands to benefit New Zealand exporters. The NZ dollar was trading at 51.09 British pence in afternoon trading in Wellington versus 51.58.
By Sagarika Jaisinghani, Jan-Patrick Barnert and Jeanny Yu Some of the world's biggest investors predict that stocks will see low double-digit gains next year, which would bring relief after global
Feedback is valuable. The Financial Markets Authority (FMA) certainly puts great store in dialogue, sprinkling kudos on the local funds' management industry for its whole-hearted engagement in a recen
By Jonathan Underhill June 24 (BusinessDesk) - Hirepool's 64 percent owner, Australian private equity firm Next Capital, has abandoned plans to sell shares in a $262 million initial public offering af
Third party data: All data displayed on the FundSource pages (Data) on BusinessDesk has been sourced from an independent third party, FE Fundinfo. NZME and its related bodies corporate and affiliates (together NZME) do not make any representation as to the currency, fairness, accuracy, completeness or reliability of the Data. Nor will NZME have any liability to any person in relation to the use of or reliance on the Data.
No financial or investment advice: The Data is general information only. It is not financial product or investment advice or an investment recommendation, and has not been prepared taking into account the objectives, financial situation or needs of any person. Potential investors should seek their own independent advice from a qualified financial adviser prior to making an investment decision. NZME makes no recommendation in relation to, and accept no responsibility or ongoing liability for, any person’s investment decisions.
No offer: The Data is only to be accessed by New Zealand residents from within New Zealand, and may not be copied or distributed to any other person. The Data does not constitute an offer or solicitation to offer financial products or conduct investment business in New Zealand or any other jurisdiction.
No guarantee: Past performance information should not be relied upon as (and is not) a promise, representation, warranty or guarantee as to the past, present or future performance. NZME does not guarantee repayment of any capital or payment of any returns on capital invested in the investments referred to in the Data.
Missing data? All data comes from FE fundinfo. BusinessDesk can help you get your data loaded and updated. Email [email protected] for help.