By Paul McBeth Aug. 4 (BusinessDesk) - Allied Farmers, which is rebuilding from a disastrous takeover of the Hanover and United Finance loan books, plans to repay $2 million to Crown Asset Management
By Paul McBeth Dec. 17 (BusinessDesk) - The Financial Markets Authority won't chase South Canterbury Finance in a civil claim, saying it can't justify the cost of doing so and leaving it to Crown Asse
Manawa Energy Limited Ordinary Shares Company Details Registered Office: 108 Durham Street, Tauranga 3110 Postal Address: 108 Durham Street, Tauranga 3110 Telephone: +64-27-582-6600 Facsimile: n/a Web
Marlin Global Limited 20/05/2022 $1.28 Warrants
Greenfern Industries Limited Ordinary Shares Company Details Registered Office: 127 Normanby Road, Normanby 4671 Postal Address: 127 Normanby Road, Normanby 4671 Telephone: +64-27-420-2476 Facsimile
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
By Sophie Boot May 26 (BusinessDesk) - The Supreme Court has granted former Ross Asset Management investor Hamish McIntosh leave to appeal the Court of Appeal's ruling that he could keep the $500,000
Forsyth Barr and Jarden analysts have raised their target prices for exchange operator NZX following a 10% guidance lift. NZX Ltd said Monday it expects full-year 2024 operating earnings before inte
By Suze Metherell Oct. 19 (BusinessDesk) - Duncan Priest, a Wellington broker, wants investments he made through Ross Asset Management to be excluded from the liquidator’s distributions to investor
March 11 (BusinessDesk) - SBS Bank, New Zealand's largest building society, has agreed to buy 50 percent of Staples Rodway Asset Management (SRAM) as part of a strategy to build scale in wealth ma
By Jenny Ruth April 12 (BusinessDesk) - The Financial Markets Authority has emerged victorious in a legal battle with ANZ Bank relating to the FMA’s ability to share information about the Ponzi sche
Milford Asset Management invests in fossil fuels and gaming companies but says even coal producers can benefit from investor engagement. For some companies, it’s one of the first times an investor h
Shares in New Zealand Oil & Gas dropped by almost a third after the company said the Ironbark prospect it was drilling off Western Australia showed no significant hydrocarbons. “Bugger,” chief exe
A rebound in tourism earnings may rescue the New Zealand economy from an immediate recession but cracks are starting to show from the Reserve Bank of NZ’s rapid succession of rate hikes, said Fergus
By Paul McBeth July 18 (BusinessDesk) - The liquidator of Ross Asset Management has cut deals totalling $4.5 million with 16 investors and is in talks with a number of others about reaching settlemen
By Paul McBeth May 15 (BusinessDesk) - The Ross Asset Management Ponzi scheme and the collapse of consumer electronics retailer Dick Smith have prompted recommended changes to insolvency law that's c
When John Berry co-founded Pathfinder in 2009, it was meant to be a branch of Deutsche Bank, where he then worked. But the Global Financial Crisis was an opportunity to go it alone as an independent f
New Zealand Oil & Gas expects the Ironbark venture off Western Australia to get underway next month. The BP-led project is planning to drill a well about 170 kilometres off the coast to test the prosp
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. Mark Ryland joined Milford in 2014, initially a
By Paul McBeth Dec. 18 (BusinessDesk) - Crown Asset Management, the government entity set up to wind down the remaining assets of finance companies that called on the retail deposit guarantee, has dis
By Paul McBeth May 3 (BusinessDesk) - Spheria Asset Management spent A$4.8 million building up a 5.3 percent stake in NZME to become the latest Australian fund manager to take a punt on the Kiwi medi
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 Gavin Evans Feb. 13 (BusinessDesk) - New Zealand Oil and Gas and its partners in the Ironbark project off Western Australia have secured a drilling rig for late 2020. Operator BP Developments Austr
Under Augusta’s management, Asset Plus focuses on a Yield Plus Growth investment strategy, targeting long term total returns that are greater than the benchmark return threshold detailed by the NZX
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