A financial services provider that largely gave advice to migrant workers has had its licence cancelled by the Financial Markets Authority (FMA). Filcare Services Limited (Filcare) held a full financi
New data from the US industry body, the Investment Company Institute, shows a global managed fund market in rude health. According to the ICI data, the amount of money mooching around in regulated fun
Most of Mercer New Zealand’s KiwiSaver customers are now investment pioneers, with a small part of their portfolio allocated to private debt. Mercer NZ’s chief investment officer, Padraig Brown,
The absence from the venture capital market of the country’s larger KiwiSaver funds is one of the factors holding back early-stage New Zealand companies’ growth, says the chief executive of NZ Gro
Ethical retirement funds Generate and Caresaver Kiwisaver are backing a community housing initiative seeking to raise $100 million in funding for as many as 300 low-cost houses, much of it to be built
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
The Reserve Bank of New Zealand's managed funds graph for the first three quarters of 2020 resembles a big tick. From the peak at the beginning of the year, the line descends sharply to the March low,
Receivers moved into Airwork Holdings and related companies on Wednesday after the patience of its banking consortium ran out following a loans breach for the second year in a row. Led by Bank of New.
Fisher Funds is removing performance fees across all its KiwiSaver and managed funds’ multi-asset portfolios. In a note to clients, Fisher Funds said it was looking to leverage the scale from last y
By Jonathan Underhill Oct. 14 (BusinessDesk) - Fisher Funds Management lifted funds under management by 10 percent to $6.6 billion in 2015, helping underpin earnings in a year when investment returns
By Jonathan Underhill March 19 (BusinessDesk) - Salt Funds Management, the boutique investment manager set up by its principals about two years ago, has won the mandate to manage AMP Capital's active.
Sheldon has launched an unsolicited offer for any remaining SeaDragon shares at 4 cents a share. Sheldon is owned by a consortium that up until recently were the major shareholders in SeaDragon, inc
The Government is putting $5.6 million towards five joint New Zealand-Nasa Earth observation research projects. The projects fall under a 2022 space co-operation agreement between NZ and the United St
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
By Paul McBeth Nov. 20 (BusinessDesk) - Bethunes Investments shareholders will vote next month on a deal to use its NZX listing as a vehicle for freight and logistics firm Transport Investments Ltd to
KiwiSaver chugged through another financial year to arrive at March 31 about 11.5% ahead of its April 1, 2024, departure point, according to the latest Reserve Bank of New Zealand quarterly fund-spott
New Zealand Rugby is poised for its biggest structural change in 25 years of professionalism with the bulk of its income and expenses carved out into a subsidiary if the controversial Silver Lake deal
By Paul McBeth Oct. 27 (BusinessDesk) - New Plymouth-based freight and logistics group Transport Investments Ltd plans to join the NZX through a backdoor listing via Bethunes Investment in a deal valu
Australian funds manager and broker Shaw and Partners has bought a 75% stake in some $7 billion of funds under management by Auckland-based Investment Services Group, which includes Devon Funds. Also.
2 Cheap Cars Group Limited Ordinary Shares Company Details Registered Office: 102 Mays Road, Onehunga, Auckland 1061 Postal Address: 102 Mays Road, Onehunga, Auckland 1061 Telephone: 09-869-3330 Facsi
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
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
The idea that investors have to choose between "responsible investment" and good returns has been decisively debunked, says research released today. The Responsible Investment Association Australasi
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