“My first reaction was, Stephen who?” Metlifecare director Mark Binns recalls. In the middle of a global pandemic, the NZX-listed retirement operator found itself fighting its Swedish suitor EQT,
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
A select committee has heard that road cones and other traffic management requirements can add significant extra costs to infrastructure projects. Ross Copland, the chief executive of the Infrastructu
Waste Management New Zealand has refunded $5.6 million to residential customers and is working on refunding more customers after a Commerce Commission investigation found it had likely breached the F
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
Attribution (again) … This is the analytical process of identifying and quantifying the sources of an asset’s returns relative to a benchmark or its overall performance. Said another way, it’s
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.
By Stuart Condie With businesses sending workers home at the start of the covid-19 pandemic, Bain Capital’s Mike Murphy dashed to buy his first webcam. While browsing an electronics store, his phone
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
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
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
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
Warren Buffett is well known for saying that if he was stranded on a desert island and only allowed one data set, it would be North American Rail Data. It comes out every week. At the core of the US
Harbour Asset Management has acquired Tony Hildyard's Hunter Global Fixed Interest Fund, taking its funds under management to about $7.5 billion. The $1.1b Hunter fund was previously offered under the
A consortium working with Channel Infrastructure to develop a biorefinery at Marsden Point is edging closer to making a final investment decision. In October 2024, Channel said it had entered into a c
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
The Government’s key Budget 2025 policy is helping bolster listed property companies' bottom lines, though it only partly restores recent tax law changes. Unveiled by Finance Minister Nicola Willis,
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
Will AustralianSuper’s $5.37 billion offer for Infratil bring more bidders out?The fund’s bid late on Tuesday afternoon New Zealand time for infrastructure investor Infratil saw its dual-listed sh
By Paul McBeth Aug. 8 (BusinessDesk) - CropLogic, the agricultural technology company which counts Powerhouse Ventures as a shareholder, will have its initial public offering underwritten to ensure it
Welcome to My Net Worth, our regular column on the lives and motivations of our country’s top business, legal and political people in their own words. Tenby Powell is one of New Zealand’s most p
In 2020/21 the Serious Fraud Office (SFO) commenced 11 full-scale investigations while bringing 45 defendants and a total of $292 million in alleged fraud before the courts – all of that with 67 s
Lee Marshall has spent the past 15 years raising his family in New Zealand while helping to build the stellar reputation of the award-winning recruitment agency he and two friends founded. He's an avi
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
CBL Corporation's managing director, Peter Harris, says he will not take on any management or director positions at any public company or licensed insurer in New Zealand after admitting to breaching s
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