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
$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
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
Primary sector investment manager MyFarm has set up a $190 million kiwifruit orchard investment vehicle. Investors in its 11 kiwifruit partnerships voted to amalgamate them into one. The MyFarm KiwiFr
The Accident Compensation Corporation is winding up its Climate Change Impact Fund after two and a half years, saying the scheme is now largely redundant and duplicates its wider business. The fund ha
Cleantech company Nilo has secured a $13 million series A capital raise let by Inter IKEA and venture capital firm Pacific Channel. The company has developed a drop-in adhesive to replace urea forma
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
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.
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
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
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
New Zealand just pipped Australia in the import-export duel over the 12 months to Sept 30, according to official data. Statistics department figures show NZ recorded a net gain of about $100 million i
Direct Capital has made its final investment in its sixth fund, into a Christchurch-founded commercial and industrial refrigeration firm. Direct Capital said on Monday it had invested in Active Refr
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
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 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
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
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
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
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
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
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
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
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