“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,
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..
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
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
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
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
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 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
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
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
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
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
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
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
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
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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