Devon Fund Management
From their website: Devon Funds Management Limited is an independent investment management business that specialises in building investment portfolios for our clients that are comprised of companies listed on the New Zealand and Australian stock exchanges. Our approach is an active one where our rigorous research and analytical skills are applied to maximum advantage.
KiwiSaver funds
Managed funds
NZ Super funds
Our Coverage
aussie fund manager shaws buys devon funds
Australian funds manager and broker Shaw and Partners has bought a 75% stake in some $7 billion of funds under management by Auckland-based Investment Services Group, which includes Devon Funds. Also.
fonterras management reshuffled ahead of consumer divestment
Miles Hurrell has reshuffled Fonterra Co-operative Group’s management as it prepares for its consumer divestment. Richard Allen will continue as the co-op’s president of global ingredients, and hi
blue highway government opens applications for 30m coastal shipping fund
Applications have opened for a $30 million contestable fund intended to improve the resilience of the coastal shipping sector. Associate Transport Minister James Meager made the long-awaited announcem
budget 2025 du val stat management costs reach 235m more next year
Advances to Du Val statutory managers have topped $2.35 million and are set to rise a further $500,000 in the coming year, Budget documents show. Vote Business, Science and Innovation details the $2.2
new fund aims for low emission dairy
A new fund has been established, offering investors the opportunity to benefit from the next wave of innovation in New Zealand’s rural sector. The Seedling Next Gen Agri Fund is designed to push NZ�
too high traffic management costs questioned
A select committee has heard that road cones and other traffic management requirements can add significant extra costs to infrastructure projects. Ross Copland, the chief executive of the Infrastructu
perpetual guardian buys castle point funds management
Estate planning and investment firm Perpetual Guardian Group has acquired Castle Point Funds Management for an undisclosed sum to expand its retail market presence. Signed Tuesday, the acquisition of.
nz super fund invests us100m in climate fund
The NZ Super Fund (NZSF) is committing US$100 million (NZ$157m) to a fund that invests in an innovation fund for climate change mitigation and adaptation. The Guardians of NZ Superannuation (GNZS) sai
waste management refunds customers 56m after incorrect billing
Waste Management New Zealand has refunded $5.6 million to residential customers and is working on refunding more customers after a Commerce Commission investigation found it had likely breached the F
du val put into statutory management
The government has placed the failed Du Val property development group into statutory management. It follows 64 Du Val companies and the group’s founders, Charlotte and Kenyon Clarke, being put into
carbon fund
Carbon Fund (NS) is a managed investment scheme with the aim to provide investors with a total return exposure to the price of carbon credits. The Fund has the ability to buy carbon credits in emissio
melody dairies benefits from management change posts best first half performance
Improved operational performance has resulted in Melody Dairies pulling off its best first-half performance since it was formed seven years ago, its largest shareholders say. However, long-standing ba
developers nervous as infrastructure fund changes management
In a two-part series, Garth Bray investigates a $1 billion fund that is barely getting off the ground. This is Part 1. The $1 billion Government Infrastructure Acceleration Fund administered by Kāing
what sale of devon funds parent says about nz financial services
More big local fund manager news broke in June as a deal, so long in the making that most industry observers had written it off as fiction, finally came through. Under the arrangement, Investment Serv
hubbard management fund investors to recover entire principal
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
nzx lifts 1q sales 91 on fund management offsetting derivatives drop
By Suze Metherell May 1 (BusinessDesk) - NZX lifted first quarter sales 9.1 percent as the stock market operator's expanded fund management business offset a drop of it in its derivatives and agricu
fail file brent impey director of devon funds
Each fortnight, Victoria Carter speaks to someone about failure, disappointment, and what they have learned. This time, she talks to Brent Impey, director of Devon Funds. I was disappointed when: I’
major investor devon slashes stake in tower insurance
By Edwin Mitson May 30 (BusinessDesk) - A major investor in insurance business Tower has slashed its stake from just under 12 percent to just under 8 percent as the insurer's share price slumped and
devon funds lists funds under management to 923 mln on kiwisaver roaring stocks
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
forbarr sees octagon shaped hole in fund management
Forsyth Barr’s new fund management subsidiary aims to fill a space in the market for a mid-sized active firm and deal with perceptions of any conflict of interest. Octagon Asset Management is essent
devon funds joins the fray rules out dgl
Devon Funds Management has become the latest fund manager to rule out future investment in DGL Logistics after its chief executive made racist and sexist comments. Victoria Harris, a Portfolio Manage
devon parent reviews options amid sector shakeup
New Zealand’s wealth management sector is experiencing an “unprecedented period” of change and consolidation, and Investment Services Group's chair, Paul Glass, says it is not immune. Glass c
fund management companies show diverse profitability in 2024
New Zealand fund managers have shown very mixed performances in making profits for their owners in 2024. That’s taking a step aside from how the funds they manage are performing, something of far mo
devon funds pushing companies on sustainability
Investor pressure on companies, remuneration, cyber attacks and indigenous rights will be high on the agenda for Devon Funds Management in the year ahead. Devon Funds has released its first annual sus
cbls harris accepts management ban
CBL Corporation's managing director, Peter Harris, says he will not take on any management or director positions at any public company or licensed insurer in New Zealand after admitting to breaching s
Finance News
Finance
David Chaplin: Devon sale: Big deal for NZ financial services
Scale weighs heavy on fund managers' minds.
Finance
$600m in tourist spend at risk from regulation: Mastercard
When Europe cut interchange fees, foreign card decline rates soared.
Finance
Michael Lorimer exits Grant Samuel amid more sector change
Lorimer has sold his 80% stake in the corporate advisory firm.
*All returns are per annum, after fees and before taxes. Data updated at 1:06pm 03 July 2025 (NZT)
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