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
Acronym-coiners missed a trick when midwifing the birth of the environmental, social and governance movement some indeterminate number of years ago. Why not environmental, governance and social? EGS
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
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
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
Blair Turnbull is set to take the helm as chief executive of Milford Asset Management from March 12. Turnbull, currently CEO of Tower, replaces Mark Ryland. “As we welcome Blair to Milford, we ext
Ethical investment charity Mindful Money is drawing on Olivia Colman’s star power to try to convince New Zealanders to avoid fossil fuels in their investments and KiwiSaver funds. It is launching a
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
Foreign & Colonial Investment Trust aims to grow investor capital and income over the mid to long term. They invest primarily in equities, in both well-established companies listed on the world's majo
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
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
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
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
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..
Infratil’s data centre investment is now worth a total A$13.7 billion (NZ$15.18b), up from A$10.2b just two months ago, pricing its almost 50% stake at A$6.85b. The higher revaluation for CDC Data C
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”
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 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
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
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
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
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
Foreign direct investors will be wooed by a new agency, Invest New Zealand, as part of the Government’s new push to drive the economy out of its current long period of doldrums. Prime Minister Chris
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