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Stiassny joins Tower board as questions linger over strategy
Oct. 12 (BusinessDesk) – Receivership specialist Michael Stiassny is joining the board of insurer Tower at a time when its ownership and strategy is a moveable feast due to the breakup of shareholder Guinness Peat Group. Stiassny told BusinessDesk the company was looking for som...
Fisher Funds gets lower performance fees and faces refunds
By Pam Graham Oct. 12 (BusinessDesk) – Fisher Funds Management reaped a lower performance fees and faces a refund for one client with another in prospect, according to its latest financial statements. The fund manager with an active investment approach set up by Carmel Fisher i...
Low take-up of leaky homes package boosts government accounts
By Pam Graham Oct. 12 (BusinessDesk) – The government’s helping hand to owners of leaky homes is being shunned which helped improve the government’s accounts to the tune of $408 million in the latest financial year. Under a financial assistance package the government pays 25 pe...
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