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australian fund manager yarra capital sells 7 stake of kmd brands
Australian fund manager Yarra Capital Management has divested 7% of dual-listed retailer, KMD Brands. A Friday evening substantial holding notice posted on the Australian Securities Exchange (ASX) sho
waste management cops 450k fine
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
bank capital proposals already impacting capital markets
By Jenny Ruth March 14 (BusinessDesk) - Final decisions on the Reserve Bank’s proposed capital requirements for banks won’t be made until the September quarter but they are already having an impa
leadership changes on fonterras management team
Fonterra has promoted two of its leaders to its management team as the co-operative looks at options for its consumer business. Fonterra's president Atlantic, Richard Allen, has been appointed preside
pilot programme to help charities learn project management skills launched
A one-day meet-up between project managers and not-for-profit groups will provide charities with more than $6,000 each worth of professional consulting help, organisers say. The event was organised
pushpay valuation assumes management miss targets
Pushpay Holdings’ board of directors are pressing ahead with a scheme of arrangement vote after an independent valuer found the takeover offer scraped into its acceptable range. US-based private equ
auckland emergency management found wanting
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
sharesies buys investor management platform orchestra
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
sharesies buys investor management platform orchestra
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
du val put into statutory management
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
cbls harris accepts management ban
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
too high traffic management costs questioned
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
transpacific to sell nz waste management to beijing capital group for 950 mln
Local Apple watcher Sarb Johal joins to talk about Apple's Vision Pro and other news. The bank is the latest to call time on the housing correction....
chorus credit rating upgraded on copper decision capital management moodys says
By Paul McBeth Feb. 22 (BusinessDesk) - Chorus's credit rating has been upgraded a notch by Moody's Investors Service following the Commerce Commission's decision on pricing for the network operator'
augusta capital confirms loss of pie status as market value of funds management exceeds 10 of assets
By Jonathan Underhill March 24 (BusinessDesk) - Augusta Capital, the listed property investor and fund manager, will lose its Portfolio Investment Entity (PIE) status from July 1 because the value of.
blair turnbull named ceo of milford asset management
Blair Turnbull is set to take the helm as chief executive of Milford Asset Management from March 12. Turnbull, currently CEO of Tower, replaces Mark Ryland. “As we welcome Blair to Milford, we ext
from light rail company to property management
The entity originally set up to deliver light rail in Auckland will be wound down within months, officials believe, after narrowly avoiding being rebranded as a property management company. The coalit
goodwood capital
Mobile advertising technology company Goodwood Capital Limited was incepted in 2010. It offers a full suite of mobile creative, content and technology services, empowering the world's leading brands a
general capital
General Capital Limited is a financial services group with two wholly owned subsidiaries; General Finance, a Non Bank Deposit Taker that accepts deposits from the public and it lend funds to borrowers
my net worth wayne gentle milford asset management
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
spark to axe five from upper management
Spark is cutting its upper management headcount by five as part of its ongoing restructuring efforts. BusinessDesk has reviewed documents from an internal presentation given to staff on Jan 30, 2025..
ascension capital
Ascension Capital Ltd, formerly TRS Investments Ltd, is a New Zealand-based investment holding company. The company operates in the asset management industry, focusing on obtaining a transaction to ac
augusta capital annual profit drops 42 as it changes focus to syndication management
By Tina Morrison May 30 (BusinessDesk) - Augusta Capital posted a 42 percent drop in annual profit after a reduction in its directly held property portfolio led to it having a smaller increase in th
wolfbrook buys du val property management business
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
waste management refunds customers 56m after incorrect billing
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
Finance News
Finance
Officials MIA on banking competition, say critics
Over-regulation of the banking sector is blamed for stifling competition.
Finance
Heartland declares $49.6m impairment in NZ business
Heartland Group shares fell 12% in early trading.
Finance
Big banks scrubbing public mentions of DEI
Citigroup and others seek to avoid possible litigation and federal probes.
*All returns are per annum, after fees and before taxes. Data updated at 1:08am 23 February 2025 (NZT)
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