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
Under the trans-Tasman Mutual Recognition agreement, Australian-registered managed investment schemes gain almost free entry into the New Zealand market. And as the top Australian financial regulator,
Stock exchange operator NZX has bought the management rights for ASB’s Superannuation Master Trust, a $1.8 billion retirement savings scheme. The trust is a workplace superannuation scheme that pred
Nearly one in two infrastructure projects being delivered by government agencies are experiencing delays and transport dominates future spending intentions, a new monitoring report says. Treasury rele
The government has placed the failed Du Val property development group into statutory management. It follows 64 Du Val companies and the group’s founders, Charlotte and Kenyon Clarke, being put into
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
A leading software solution for tour operators and destination management companies announced a strategic investment from global software investor Insight Partners on Tuesday. The investment will en
A consortium working with Channel Infrastructure to develop a biorefinery at Marsden Point is edging closer to making a final investment decision. In October 2024, Channel said it had entered into a c
Another review into civil defence functions at Auckland council has found wider emergency processes were not up to scratch before the fatal Auckland floods earlier this year. Four people died and hund
CBL Corporation's managing director, Peter Harris, says he will not take on any management or director positions at any public company or licensed insurer in New Zealand after admitting to breaching s
A select committee has heard that road cones and other traffic management requirements can add significant extra costs to infrastructure projects. Ross Copland, the chief executive of the Infrastructu
Waste Management New Zealand has refunded $5.6 million to residential customers and is working on refunding more customers after a Commerce Commission investigation found it had likely breached the F
Improved operational performance has resulted in Melody Dairies pulling off its best first-half performance since it was formed seven years ago, its largest shareholders say. However, long-standing ba
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
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.
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
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
The Government’s key Budget 2025 policy is helping bolster listed property companies' bottom lines, though it only partly restores recent tax law changes. Unveiled by Finance Minister Nicola Willis,
An independent review has issued a warm bill of health on the capabilities and performance of Accident Compensation Corporation’s investment arm, as it homed in on the matter of risk in the outfit�
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
Miles Hurrell has reshuffled Fonterra Co-operative Group’s management as it prepares for its consumer divestment. Richard Allen will continue as the co-op’s president of global ingredients, and hi
Last week, a US private equity manager agreed to pay about A$3.3 billion (NZ$3.6b) to buy the ASX-listed Insignia Financial. CC Capital outbid two rival US private equity firms, Bain Capital and Brook
The crack International Monetary Fund team is due to helicopter into New Zealand next year on a mission of possible systemic importance. Maybe not the helicopter, especially if the NZ Government has t
The Wellington district court has fined Waste Management $450,000 for the chemical poisoning of employee James Gideon in August 2017. Gideon was overcome by hydrogen sulphide gas emitted at a treatmen
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