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
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
govts nz super fund contribution reduces 21b over five years
Better-than-expected investment performance by the New Zealand Superannuation Fund has provided some breathing room in the Government’s otherwise deteriorating fiscal outlook. The Half Year Economic
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
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.
booster innovation fund takes a hit
KiwiSaver provider Booster has written down the value of its Booster Innovation Fund by $664,000 following a decision by one of the 44 businesses in the fund that it will be placed in liquidation. Th
government to cut nz super fund money 21b over five years
The Government is reducing contributions to the New Zealand Super Fund by $2.1 billion over the next five years in response to an extra forecast of $2.2b of additional capital investments over the sam
dutch wealth fund picks off hawkes bay apple orchard
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
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
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
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
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
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
effective risk management the key to climate adaptation says finance committee
Adapting to climate change will be a balancing act between helping those in need while ensuring people take responsibility for managing climate risk, a new report from Parliament says. The Finance and
Finance News
Finance
$400m Christmas bonus for Cryptopia victims
This is the first big payout since a hack and theft in 2019.
Finance
Auditing the Auditors
Audit fee rise is NZ playing ‘catch up’
Auditors have relied on importing talent, says NZSA's Oliver Mander.
Finance
HYEFU: Big bump to bond programme
Looser than expected fiscal policy drives a much bigger bond programme.
*All returns are per annum, after fees and before taxes. Data updated at 1:07am 22 December 2024 (NZT)
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