Seed Funds Management
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perpetual guardian buys castle point funds management
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.
devon funds lists funds under management to 923 mln on kiwisaver roaring stocks
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....
how to runn up 2m in seed funding
Resource management software startup Runn has raised US$1.4 million (NZ$2m) in a seed round with investment from New Zealand venture capital firm GD1, Wavemaker, NZGCP, K1W1, Dovetail Ventures, Icehou
science software startup secures 1m seed funding
Icehouse Ventures has led a $1 million seed funding round for research software tool Litmaps. The Wellington-based startup said in a statement the investment will help accelerate adoption of its platf
asb first half profit rises 7 on lending funds management while loan impairments increase
By Fiona Rotherham Feb. 10 (BusinessDesk) - ASB Bank reported a 7 percent rise in first-half statutory net profit to $474 million following growth in funds management and lending while the amount set.
pgg wrightson seed site hit by uruguay flooding
By Edwin Mitson April 20 (BusinessDesk) - Agricultural products and services company PGG Wrightson has warned investors that its seed cleaning site in Uruguay has fallen victim to that country's wid
amp new zealand annual earnings creep up on cost cutting bigger funds under management
By Paul McBeth Feb. 8 (BusinessDesk) - AMP's New Zealand financial services division lifted annual earnings 1 percent as a cost-cutting exercise and increased funds under management fattened margins,.
nzx boosts fy profit 82 on link market sale revenue buoyed by funds management
By Sophie Boot Feb. 24 (BusinessDesk) - NZX lifted annual profit 82 percent in 2015 as the one-off gain from the sale of its Link Market Services division bolstered flat earnings, even as revenue got.
supermarket startups seed round raises 25m
Supermarket startup Supie has raised $2.5 million in an oversubscribed seed round led by Icehouse Ventures and supported by Enterprise Angels. The online-only service currently serves Auckland, and ha
nzx 3rd qtr revenue rises 39 on by debt market listings funds management
By Paul McBeth Oct. 31 (BusinessDesk) - NZX's third-quarter revenue rose 3.9 percent as the stock market operator's sales were bolstered by a flurry of new debt listings and an expanding funds managem
craigs sees slowing growth in funds management after 58 boost in 2016 profit
By Rebecca Howard April 12 (BusinessDesk) - Craigs Investment Partners posted a 58 percent gain in annual profit as a swelling pot of funds under management delivered a boost to fee income, however,
update stride says stapled structure protects pie status while funds management grows
(Recasts to add comment from CEO, details of stapled structure) By Paul McBeth May 30 (BusinessDesk) - Stride Property has proposed splitting its property-owning unit from its real estate investment
augusta lifts annual earnings 17 as funds management property deliver bigger returns
By Paul McBeth May 20 (BusinessDesk) - Augusta Capital lifted annual earnings 17 percent as the listed property investor and fund manager eked out bigger returns from its two segments, with a higher
building the enfant terrible of nz funds management
Bernard Whimp made a lot of money out of his low-ball offers a decade ago, and now he wants to use that cash to build a billion-dollar hedge fund. Whimp’s a contrarian and provocateur who’s quite
augusta increases fy earnings 5 as funds management offsets rental decline
By Paul McBeth May 21 (BusinessDesk) - Augusta Capital, the listed property investor and fund manager, increased annual earnings by 5 percent as gains from its funds management business offset a decli
hubbard management funds investors get their money back without interest
By Paul McBeth Sept. 1 (BusinessDesk) - The 300 or so investors in Hubbard Management Funds have been repaid the $35.6 million capital they initially invested after a five-year statutory management,
nzx 3rd qtr revenue bolstered by expanding funds management division
By Rebecca Howard Oct. 29 (BusinessDesk) - NZX's third-quarter sales rose 3.8 percent as its funds management division made up for lacklustre performances in its core operations. Revenue from conti
big deal getting ahead in global funds management
New Zealand is a rounding error in the global funds management calculation. The Thinking Ahead Institute, at least, has rounded NZ out of its latest computation of the world’s 500 largest asset mana
kiwi property eyes apartments funds management
Grant and Marilyn Nelson are still waiting for a judicial review ruling against MSD. With polls looming, the opioid crisis will disrupt the balance the pr
fnzc likes nzxs funds management business lowers target price
By Pattrick Smellie Oct. 30 (BusinessDesk) - Broking house First NZ Capital sees NZX's funds management as one of its engines of growth, but has lowered its target share price until there's evidence
augusta first half profit halves on revaluations tilt to funds management continues
By Paul McBeth Nov. 13 (BusinessDesk) - Augusta Capital's first-half profit more than halved as the company wrote down the value of its stake in listed property investor NPT and didn't repeat year-ear
nzx taps aaron jenkins for head of funds management
By Suze Metherell May 18 (BusinessDesk) - NZX, the stock market operator, has tapped Aaron Jenkins to head up its expanded funds management business, with Mark Peterson to fill his vacated role as he
nzx says funds management a priority to deliver earnings
By Paul McBeth Oct. 4 (BusinessDesk) - NZX has pushed back against shareholder complaints that it's adopted a faulty strategy, saying its funds management unit is a key plank for earnings growth. Mi
jenny ruth property funds management too lucrative to ignore
Managing a property portfolio tends to be significantly more lucrative than owning that portfolio. It was that realisation that drove the wave of internalisations of external management contracts of N
nzvifs seed fund investment too early to predict returns ceo banga says
By Paul McBeth July 28 (BusinessDesk) - The government-backed New Zealand Venture Investment Fund says it's still too early to judge the performance of the Seed Co-Investment Fund, which backs early
Finance News
Finance
December interest rate cut uncertain: Fed governor
Lisa Cook says the timing of further reductions will depend on new data.
Finance
Bayly to banks: ‘Just get on with it’
Minister Andrew Bayly is impatient for the changes needed to improve competition.
Finance
‘Regulatory failure’ let NZ’s payments fall behind
NZ was the All Blacks of payments, but now barely makes regionals as regulation lagged.
*All returns are per annum, after fees and before taxes. Data updated at 1:07pm 21 November 2024 (NZT)
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