The chief executive of Generate, Henry Tongue, says there are three main pillars to the business's success: long-term investment performance, customer service, and sound advice. To start with, all t
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness…” were the first 25 or so words of the famous opening line of Charles Dickens' A Tal
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
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
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
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
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
Harbour Asset Management’s biennial forum on responsible investment couldn’t ignore the strong headwinds pushing back against ESG finance. In 2023, there were strong rumblings of discontent in the
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
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
Advances to Du Val statutory managers have topped $2.35 million and are set to rise a further $500,000 in the coming year, Budget documents show. Vote Business, Science and Innovation details the $2.2
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
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
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
A leading software solution for tour operators and destination management companies announced a strategic investment from global software investor Insight Partners on Tuesday. The investment will en
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”
Five KiwiSaver providers have topped Mindful Money’s list for investment into fossil fuel companies. BusinessDesk looks at both sides of the issue. Part 1 of 2. This year, ethical investment charity
Five KiwiSaver providers have topped Mindful Money’s list for investment into fossil fuel companies. BusinessDesk looks at both sides of the issue. Part 1 of 2. This year, ethical investment charity
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
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
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
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
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