KiwiSaver provider Generate is investing US$25 million (NZ$40.8m) into an international fund targeting profitable, high-growth US, Canada, Australia, New Zealand and Singapore businesses. The HEAL Par
On day one of the New Zealand Infrastructure Investment Summit in Auckland, an Italian construction giant declared it was returning to the country. On day two, the Italian tunnelling firm Ghella annou
The Company's objective is to provide long-term growth in income and capital, principally by investment in equities listed on the London Stock Exchange. The Board continues to recognise the importance
The Bankers Investment Trust aims over the long term to achieve capital growth in excess of the FTSE World Index and annual dividend growth greater than inflation, as defined by the UK Retail Prices I
Spark is cutting its upper management headcount by five as part of its ongoing restructuring efforts. BusinessDesk has reviewed documents from an internal presentation given to staff on Jan 30, 2025..
By Paul McBeth Oct. 25 (BusinessDesk) - TeamTalk chief executive Andrew Miller would prefer to see the telecommunications firm's earnings poured back into the business to build sustainable returns to.
By Paul McBeth June 30 (BusinessDesk) - Plexure Group, the digital advertising firm formerly called VMob, plans to trim its workforce by more than a quarter in an effort generate positive cash flow by
By Jonathan Underhill Sept. 24 (BusinessDesk) - Milford Funds , the public issuer of Milford Asset Management's retail funds, reported a 79 percent jump in annual fee revenue reflecting an inflow of m
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
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
The Financial Markets Authority has censured Pathfinder Asset Management for misleading promotions of its KiwiSaver Funds ethical investments. The marketing campaigns relate to investments in companie
Far North Solar Farm is pushing ahead with its approximately $2 billion multi-site developments planned to generate a total of 1.4 gigawatts of peak electricity. The solar farm developer said that rep
A New Zealand energy startup with a radical idea is raising $5 million to fund a test rig it will start building near Gisborne. Vortex Power Systems plans to tap into low-grade industrial waste heat t
JP Morgan Asset Management and Craigs Investment Partners announced a strategic partnership with a multi-year memorandum of understanding. The partnership aims to leverage the strengths of both organi
Australian Foundation Investment Company Limited specializes in investing in Australian equities. The company has a diverse portfolio of 75 Australian companies. The company follows a dividend reinves
By Paul McBeth July 28 (BusinessDesk) - SeaDragon, which this month announced plans for a deeply discounted rights issue, expects annual sales to rise 60 percent in 2016, helping generate positive pre
Christchurch-based property developer Wolfbrook has bought the property management business of the failed Du Val group. Investment Portfolio Management Limited Partnership (IPM) managed around 450 pr
Wayne Gentle is Milford Asset Management’s chief investment officer and executive director. He is also the co-portfolio manager of the Milford Trans-Tasman Equity Fund and the Milford Australian Abs
The Tiwai Point aluminium smelter is worth keeping open as part of Rio Tinto’s push to be a world-leading contributor to decarbonisation but it is “very unlikely to ever generate material value”
Improved operational performance has resulted in Melody Dairies pulling off its best first-half performance since it was formed seven years ago, its largest shareholders say. However, long-standing ba
By Sophie Boot Sept. 27 (BusinessDesk) - Investment advisory firm Saturn Portfolio Management has lost a court battle with pension provider i-Select after a judge rejected its allegations of a conspi
Miles Hurrell has reshuffled Fonterra Co-operative Group’s management as it prepares for its consumer divestment. Richard Allen will continue as the co-op’s president of global ingredients, and hi
Generate KiwiSaver Scheme has invested $20 million in a $100m venture capital fund that will support 20 established New Zealand tech companies. The $20m is going into Icehouse Ventures’ Growth Fund
Nathan Field will move from Kiwi Wealth across to KiwiSaver provider Generate as global equities portfolio manager, just months after the firm was snapped up by rival Fisher Funds. Field, the portfoli
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.
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