Fiducian Portfolio Services
KiwiSaver funds
NZ Super funds
Our Coverage
govt reshuffle lee demoted simmonds loses portfolio
Melissa Lee has been stripped of her media and communications portfolio and dropped from the cabinet, prime minister Christopher Luxon announced today. He has given Paul Goldsmith the portfolio after.
investore increases earnings portfolio value takes a hit
Higher rents and property acquisitions helped boost Investore Property Limited's earnings for the six months to Sep 30, but the value of the company's portfolio has taken a hit. The company announced.
tech incubator powerhouse revalues portfolio pre asx listing
By Fiona Rotherham July 19 (BusinessDesk) - Technology incubator Powerhouse Ventures has recorded a $7.7 million increase in the fair value of its investments in early stage start-ups in just six mont
tower to pay 59m for kiwibanks insurance portfolio
Tower will pay $5.9m to acquire and assume Kiwibank’s rights and obligation relating to a portfolio of insurance policies that had been underwritten by the NZX-listed insurer. The completion of the
argosy lifts distributable earnings as portfolio quality improves
By Rebecca Howard May 25 (BusinessDesk) -- Argosy Property lifted distributable earnings 4.6 percent as it continued to lift the quality of its portfolio through the divestment of lower quality, non-c
pfi says strong portfolio activity drives higher revenue
By Rebecca Howard Aug. 8 (BusinessDesk) - Property For Industry lifted its dividend as strong portfolio activity drove higher revenue. Net profit jumped but largely due to a one-off in the prior perio
kiwi property trims another 41 from portfolio valuation
Kiwi Property Group trimmed 4.1% from the value of its property portfolio, saying that rising interest rates have weighed on valuations around the world. The owner of Sylvia Park said it expected it
goodman property portfolio revalued up 185m to record
By Paul McBeth March 6 (BusinessDesk) - Goodman Property Trust says strong demand for good quality industrial sites and generally favourable market conditions contributed to a $185 million revaluation
caniwi commits another 26m to property portfolio
By Pattrick Smellie July 24 (BusinessDesk) - Wellington-based investment group Caniwi Capital has spent $26 million in two regional commercial property plays: $21 million for a specialist cool store i
nash resigns police portfolio over call to commissioner
Stuart Nash has resigned as police minister over claims of political interference. Prime minister Chris Hipkins accepted Nash’s resignation as police minister and appointed Megan Woods as acting m
vital healthcare pushes nz portfolio past 1b
Vital Healthcare has settled its $95 million health precinct venture in Queenstown, taking its New Zealand portfolio to more than $1 billion in a little under two years, almost a third of its trans-Ta
tight vital healthcare pricing reflects portfolio quality
The pricing of Vital Healthcare Property Trust's $200 million capital raising speaks volumes about the quality of its $3.2 billion portfolio. The latest indication is the 9-cent premium achieved in au
tower buys anz insurance portfolio for 14m
Tower has agreed to pay $14 million in cash to acquire a portfolio of insurance already underwritten by the insurance company. The kiwi insurer provided cover for ANZ and National Bank customers betwe
four steps to take when spring cleaning your portfolio
By Lawrence Strauss It should be a common ritual: the annual portfolio cleaning. Investors can spruce up their portfolio any time of year, and should review it around November or December at a minimum
kiwis portfolio performs despite slashing of valuation
An unrealised decrease of $213.3 million in Kiwi Property’s portfolio sent its first-half results into the red, even though the portfolio’s actual performance was positive. Kiwi posted a $151.1m n
dnz revalues portfolio by 107 million
By Suze Metherell Oct. 24 (BusinessDesk) - DNZ Property Fund, the listed property investor, boosted its portfolio value by $10.7 million in the first half and has leased over three quarters of its new
precinct sells buildings into singapore backed portfolio
Precinct Properties will inject five of its inner-city properties, valued at about $590 million, to seed a new strategic investment portfolio with the Singaporean sovereign wealth fund (GIC). The part
kiwi property portfolio value rises 92m
Kiwi Property Group said its portfolio's value has been upgraded by $9.2 million to $3.2 billion at Sept. 30, which follows a $290 million downgrade announced in May. "The uncertainty caused by covid-
vital healthcare portfolio value rises 59
By Margreet Dietz July 10 (BusinessDesk) - Vital Healthcare Property Trust said the value of its portfolio increased by 5.9 percent, or $102.4 million, for the year ended June 30, reflecting two recen
kiwi property portfolio value drops 6
Kiwi Property says it's seen an “expected” 5.8% decrease in the fair value of its property portfolio in the past six months due to high inflation and uncertain interest rates. The property company
acc to decarbonise investment portfolio
The Accident Compensation Corporation has announced a target to halve the carbon intensity of its $46 billion investment portfolio by 2030. ACC chair Paula Rebstock said the targets acknowledge the c
propel funeral services snaps up another four businesses
Australian securities exchange-listed company Propel Funeral Partners has snapped up another four businesses, expanding its network in Australia and New Zealand. The four companies include Brunswick V
services
Explore the latest service news by BusinessDesk. Need more service stories?
infratil portfolio still undervalued
Chief executive Marko Bogoievski thinks the market still undervalues Infratil’s portfolio, despite getting a boost from AustralianSuper’s takeover bid. The infrastructure investment company’s sh
precinct properties portfolio value increases on auckland buildings
By Suze Metherell July. 9 (BusinessDesk) - Precinct Properties New Zealand, the country's third-biggest listed property investor by market value, expects to recognise a 5.5 percent gain in its portfol
Finance News
Finance
One in 24 New Yorkers is a millionaire
Ranking of cities by wealth puts the Big Apple at the top.
Finance
Paul McBeth: Banking on the price of stability
Competition has a cost that some might not be willing to pay.
Finance
Cautious lending keeps lid on default rates – Reserve Bank
Non-performing mortgages have overtaken Covid levels.
*All returns are per annum, after fees and before taxes. Data updated at 1:07pm 09 May 2024 (NZT)
FundSource is a trademark of
NZME Publishing Ltd
NZME Publishing Ltd
Third party data: All data displayed on the FundSource pages (Data) on BusinessDesk has been sourced from an independent third party, FE Fundinfo. NZME and its related bodies corporate and affiliates (together NZME) do not make any representation as to the currency, fairness, accuracy, completeness or reliability of the Data. Nor will NZME have any liability to any person in relation to the use of or reliance on the Data.
No financial or investment advice: The Data is general information only. It is not financial product or investment advice or an investment recommendation, and has not been prepared taking into account the objectives, financial situation or needs of any person. Potential investors should seek their own independent advice from a qualified financial adviser prior to making an investment decision. NZME makes no recommendation in relation to, and accept no responsibility or ongoing liability for, any person’s investment decisions.
No offer: The Data is only to be accessed by New Zealand residents from within New Zealand, and may not be copied or distributed to any other person. The Data does not constitute an offer or solicitation to offer financial products or conduct investment business in New Zealand or any other jurisdiction.
No guarantee: Past performance information should not be relied upon as (and is not) a promise, representation, warranty or guarantee as to the past, present or future performance. NZME does not guarantee repayment of any capital or payment of any returns on capital invested in the investments referred to in the Data.
Missing data? All data comes from FE fundinfo. BusinessDesk can help you get your data loaded and updated. Email [email protected] for help.