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
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
blackrock writes down fund after solarzero collapse
Global asset manager BlackRock has reportedly written down the value of one of its flagship renewable funds, in part because of the collapse of SolarZero. BlackRock investment fund GRP III Regional Ho
smartshares supercharged in 18b management rights deal
Stock exchange operator NZX has bought the management rights for ASB’s Superannuation Master Trust, a $1.8 billion retirement savings scheme. The trust is a workplace superannuation scheme that pred
auckland emergency management found wanting
Another review into civil defence functions at Auckland council has found wider emergency processes were not up to scratch before the fatal Auckland floods earlier this year. Four people died and hund
sharesies buys investor management platform orchestra
Online sharetrading platform Sharesies has acquired Orchestra, an Auckland start-up providing private companies with investor solutions. Orchestra launched in 2020 after crowdfunding platform Snowball
sharesies buys investor management platform orchestra
Online sharetrading platform Sharesies has acquired Orchestra, an Auckland start-up providing private companies with investor solutions. Orchestra launched in 2020 after crowdfunding platform Snowball
new 100m fund aims to supercharge kiwi tech companies
Icehouse Ventures has raised more than $100 million for a growth fund designed to help supercharge 20 mature, high-growth New Zealand technology companies. The venture capital firm’s Growth Fund II
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
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
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
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
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.
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
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
from light rail company to property management
The entity originally set up to deliver light rail in Auckland will be wound down within months, officials believe, after narrowly avoiding being rebranded as a property management company. The coalit
it keeps you on your toes wisdom from milfords oldest fund manager
Milford’s Aggressive KiwiSaver Fund turned five this year. When it did, it became the best fund in its category on a five-year basis in Morningstar’s quarterly fund report, released in September.�
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’
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
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....
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
nz super fund wanted govts venture capital fund siloed
By Jenny Ruth Oct. 1 (BusinessDesk) - The Guardians of the New Zealand Superannuation Fund opposed the government's Venture Capital Fund being part of the Super Fund and wanted it established as a sep
Finance News
Finance
Wisdom from Milford’s ‘oldest’ fund manager
Stephen Johnston has been watching markets since 1997.
Finance
M&A outlook: get set for big ticket IPOs
Experts are picking a surge in mergers and acquisitions activity for 2025.
Finance
How tax rules discourage wealthy investor migrants
Covid refugees facing a four-year time limit on tax status are forcing the issue.
*All returns are per annum, after fees and before taxes. Data updated at 1:07pm 21 January 2025 (NZT)
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