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
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....
Milford Asset Management chief executive Mark Ryland will step down at the end of March 2024. Despite the challenges posed by the covid-19 pandemic, chair Gavin Walker said Ryland successfully led t
Wellington Chamber of Commerce chief executive John Milford will step down from the role at the end of November after six years as the primary lobbyist for capital businesses. Taking over the reins in
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....
Milford Asset Management chair Mark Cross will retire at the end of June to be replaced by Gavin Walker. Walker is currently a non-executive director at the country's seventh biggest KiwiSaver provide
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
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
Food banks, the Puhinui urban regeneration project and a Graeme Dingle Foundation pilot education programme have benefitted from Milford Foundation’s second year of operation. The charitable arm of
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
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
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
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
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 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 Fiona Rotherham June 30 (BusinessDesk) - Several Milford Asset Management funds are invested in beleaguered Australian law firm Slater & Gordon, whose share price dropped 25 percent yesterday afte
By Paul McBeth March 6 (BusinessDesk) - Milford Asset Management's succession plans are continuing as its high-profile investment head Brian Gaynor steps back from the day-to-day management of the fu
By Jonathan Underhill Aug. 24 (BusinessDesk) - Coretex, a fleet management software provider run by entrepreneur Selwyn Pellett, said it raised $6 million to help fund its growth in North America. Exi
It was back-to-back wins for Milford Asset Management in the Chapman Tripp Diversified Growth Fund Manager of the Year at the INFINZ Awards. Deputy chief investment officer Jonathan Windust’s team c
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