By Gavin Evans Oct. 30 (BusinessDesk) - Consultation on legislation to implement the government’s planned ban on new offshore exploration should have been wider given its potential for “significan
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
Auckland’s Climate Venture Capital Fund says “avoided emissions” will be a major benchmark to measure its success. The fund was set up in 2020 with the goal of investing in companies that will t
ASB has created a $500 million housing fund to support lending to affordable, social and Māori housing developments. In a statement released on Friday, the bank said the Accelerated Housing Fund woul
The Government is set to consider whether to stop requiring the New Zealand Superannuation Fund to pay tax. Outlining the Government’s tax work programme, Revenue Minister Simon Watts is also signal
The New Zealand Superannuation Fund should consider opening an international office, potentially in London, to improve its access to private market investment opportunities, according to a five-yearly
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
By Paul McBeth July 5 (BusinessDesk) - Government officials will buddy up with Ngāti Awa Group Holdings and the New Zealand Superannuation Fund to find out whether it's feasible to set up an investm
Maui Capital has told investors in its Indigo fund it expects to dispose of the majority of assets in the fund by mid-2024. High-net-worth individuals signed up to Indigo on a call-up basis in 2008, w
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.�
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
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
$3.08 Open $3.00 0.08 2.67% November 16, 2023, 1.00pm Today 5D 1M 1Y 2Y Key announcement - click for info Created with Highcharts 8.2.2Nov '22Jan '23Mar '23May '23Jul '23Sep '23Nov '2342.533.5 20 minu
Mainfreight boss Don Braid says, “without wanting to aggravate them, they’re a pain in the arse”. "They" are the global proxy advisers, dominated by two giants – Institutional Shareholder Serv
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
We’re all a little poorer after Nvidia’s 17% dive on Tuesday. The Nasdaq-listed chipmaker’s stock took a battering on fears that China’s low-cost DeepSeek AI heralds a new era of artificial in
The Provincial Growth Fund (PGF) has been replaced by a new $200 million Regional Strategic Partnership Fund (RSPF). Economic and regional development minister Stuart Nash, speaking at the Economic De
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
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
Senior Trust Retirement Village Listed Fund (NS) is a unit trust, as defined in the Unit Trusts Act 1960. The investments in the fund will primarily be used to lend money to retirement and aged care o
The Private Land and Property Fund provides investors with an opportunity to obtain an investment exposure to a portfolio of primarily directly held, unlisted, agricultural and horticultural land and.
Gillies Group developer Malcolm Gillies believes the benefits of the Infrastructure Acceleration Fund (IAF) may have been oversold. As BusinessDesk reported in part one of this investigation, the $1 b
NZ’s largest private investor Direct Capital has received $50 million from the NZ Super Fund for its newest fund. On Wednesday morning NZ Super said it would increase its total investment in Direc
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
Smartshares has scaled down its exposure to Chinese bonds by switching from one Bloomberg index to another. The NZX-owned fund manager’s third biggest fund – its global government bond exchange-
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