Harbour chooses “not a Wall St firm” for global private equity fund External ...
Tuesday, October 28,2025,18:57
The US-listed private equity firm TPG is “not a Wall Street firm,” having been founded in Texas as the private investment vehicle of the Bass family, TPG executive Steve Willmann told a Harbour Asset Management investment forum last week. .. read more..
ASB's quarter to shine
Tuesday, October 21,2025,19:02
It was ASB’s KiwiSaver offerings’ turn in the limelight in the September quarter with its growth, balanced and conservative funds being the best performers in both the latest quarter and in the year ended Sept 30. .. read more..
A full Pie fund is closed
Monday, October 20,2025,18:51
Pie Funds is closing its Australasian Dividend Growth Fund to close to new investment after reaching capacity. .. read more..
SOC gets global financial planning award
Friday, October 17,2025,03:45
Southland-based adviser, Stephen O’Connor aka SOC, has been awarded a top global financial planning award. .. read more..
New Zealand’s retirement savings regime rated B
Thursday, October 16,2025,20:38
Mercer, and the CFA Institute, have released their Global Pension Index and give New Zealand a B grade and a ranking of 17th, compared to 14th in the previous index rankings. .. read more..
New Smart CEO & NZX-Group executive appointments announced
Wednesday, October 15,2025,19:41
NZX makes a raft of appointments across Smart and NZX Wealth Technologies. .. read more..
What's the true value of financial advice?
Sunday, October 12,2025,19:13
The latest Value of an Adviser Report from Russell Investments reveals the value of advice outweights adviser fees. .. read more..
5% is the magic savings number
Thursday, October 9,2025,23:12
Research suggests a savings rate of 5% of net income after KiwiSaver contributions, matched by an equal employer contribution, would be sufficient to provide a retirement income for thej majority of KiwiSaver members pre-retirement income. .. read more..
FANZ to offer AI training for advisers
Wednesday, October 8,2025,19:18
Financial Advice New Zealand has launched a 12-week certificate programme to help advisers with their use of AI. .. read more..
Adviser jailed over theft charges
Monday, October 6,2025,18:34
FMA says McClune’s actions were a “gross breach of trust” and exploited close personal relationships. .. read more..
FMA doesn't get what it wants
Tuesday, September 23,2025,09:29
The Financial Markets Authority went to court seeking more clarity around wholesale investors, but didn't get changes. .. read more..
Retirement Commissioner to step down
Monday, September 22,2025,06:33
Retirement Commissioner Jane Wrightson has decided to end her second term in the role in early 2026 and not seek reappointment. .. read more..
How competitive is the KiwiSaver market?
Thursday, September 18,2025,16:51
New research looks into the competitiveness of the KiwiSaver market. .. read more..
Craigs picks up Hawkes Bay-based advisory firm
Wednesday, September 17,2025,10:43
Craigs Investment Partners acquires Somerset Smith Partners’ investment advisory business. .. read more..
Veteran adviser says Level 5 standard isn’t good enough
Tuesday, September 16,2025,14:30
The new Financial Advice Code comes into effect on 1 November 2025, but veteran adviser and Certified Financial Planner Nigel Tate says its updates don’t go nearly far enough. .. read more..
[GRTV] Demand for ethical advice set to grow
Monday, September 15,2025,20:31
There is a growing need for more advisers to specialise in ethical advice, according to Rodger Spiller. .. read more..
NZ Funds enjoys best year, financially, since 2021
Thursday, September 11,2025,17:06
New Zealand Funds Management appears to have enjoyed a much better year than any year since 2021 when it received enormous performance fees. .. read more..
Financial advice to be pushed through Sorted
Wednesday, September 10,2025,08:24
Financial Advice NZ teams up with the Retirement Commission to push advice. .. read more..
How is the AI revolution hitting financial advice?
Tuesday, September 9,2025,17:06
Wherever you look, there’s no escaping the AI conversation - and there was plenty of it at SIFA 2025. .. read more..
Pathfinder challenges the idea that fees should be a primary focus for investors
Sunday, September 7,2025,17:00
Pathfinder has seen strong growth over the past year and attributes it to the increasing commitment of Kiwis “to investing in line with their values.” .. read more..
Nikko brand replaced
Monday, September 1,2025,16:43
Global Fund Manager Nikko AM has rebranded as Amova, with the change across the 13 countries and regions it operates in, including here in New Zealand. .. read more..
Salt latest manager sold
Thursday, August 28,2025,03:05
The ongoing shake up in financial services continues with Salt Asset Management being sold to an Auckland-based manager. .. read more..
FNZ employee shareholders claim an early win
Wednesday, August 27,2025,16:08
FNZ employee shareholders claim an early win in their case against the company; but FNZ says the claims are "entirely without merit." .. read more..
New code for all advisers
Sunday, August 24,2025,17:30
An updated Code of Conduct for all advisers has been approved by minister of Commerce and it does not require advisers to seek qualifications higher than Level Five. .. read more..
NZX’s Smart FUM growth slowed to 3.8% in the first half
Friday, August 22,2025,00:06
NZX’s Smart’s growth in funds under management (FUM) slowed to 3.8%, or by $500 million, to $14 billion in the six months ended June. .. read more..
Industry veteran sells business to ISG Group; Automating manual reporting
Monday, August 18,2025,12:49
Investment Services Groups buys fund distributor to expand its global manager reach. .. read more..
Forsyth Barr flags fee pressure and overvalued wealth tech at NZX
Thursday, August 14,2025,00:21
NZX is facing growing competition in funds management and may have overspent on its wealth tech platform, according to a Forsyth Barr analyst. .. read more..
Profit drops at Milford as performance fees plunge despite strong returns
Sunday, August 10,2025,17:00
Much lower performance fees in the year ended March meant Milford Funds’ annual net profit fell 13.3% to $16.9 million. .. read more..
Lifetime picks up UK pension business
Thursday, August 7,2025,17:06
Ralph Stewart's Lifetime Asset Management group has inked a deal to buy the SuperLife UK Pension transfer scheme. .. read more..
Want US share with your global equity fund? No thanks
Wednesday, August 6,2025,19:32
Kernel Wealth yesterday rolled out a suite of new funds and has already had strong interest shown from advisers. .. read more..
[GRTV] Finding value in a tumultuous world
Tuesday, August 5,2025,18:49
Antipodes portfolio manager Vihari Ross joins Philip Macalister on Good Returns TV to discuss how she invests her Global Value Fund. .. read more..
Harbour posts profit after BNZ KiwiSaver buy
Monday, August 4,2025,20:54
Asked what we should make of Harbour Asset Management’s latest financial results, co-chief executive Andrew Bascand says they show the business is profitable and has a strong balance sheet. .. read more..
Australian PE firm seeks 30% stake in Forsyth Barr
Monday, July 28,2025,23:48
Sydney-based Mercury Capital to buy up to 30% of Forsyth Barr. .. read more..
FNZ faces US$4.6 bill claim from employee shareholders
Monday, July 28,2025,05:24
[UPDATED: With FNZ comment] : A group of employee shareholders of FNZ have filed a US$4.6 billion legal claim in the High Court against FNZ Group and 17 of its current and former directors. .. read more..
KiwiSaver growth fuels 33% profit jump at Generate
Sunday, July 27,2025,21:06
Generate’s strong investment returns appear to be translating into profits and rapid growth, if the company’s latest financial statements are any guide. .. read more..
Wins and losses on discover in FMA's civil action against Booster
Wednesday, July 23,2025,17:00
Booster Investment Management (BMIL) says some of the Financial Markets Authority’s 75 causes of action against it are out of time and it continues to assert that decisions about related party dealings were in the best interests of investors. .. read more..
Platinum’s Last Gasp: L1 Calls the shots in $1.46b deal
Monday, July 21,2025,17:00
Unless another suitor emerges or the independent valuer pans the proposal, it looks very likely that the poorly performing ASX-listed Platinum Asset Management will disappear into a backdoor listing for the much more successful L1 Capital investment team. .. read more..
Generate Tops KiwiSaver Charts for June Quarter
Sunday, July 20,2025,20:24
Generate’s KiwiSaver funds had a particularly good June quarter with its $1.94 billion growth fund and $710 million moderate funds both delivering the best returns for the three months, according to MJW’s latest survey. .. read more..
Select adds index solutions
Thursday, July 17,2025,21:16
Select Wealth has branched out into offering index solutions for financial advisers. .. read more..
Mint Asset Management's annual fee income fell 13.4%
Tuesday, July 15,2025,19:12
It hasn’t been the best of years for Mint Asset Management with fee income dropping 13.4% overall. .. read more..
Crown funding for more solar could power 178,000 homes
Tuesday, August 27,2024,09:02
The deal between the government-owned investment group and a solar developer will connect five solar sites to the national grid. .. read more..
Hundreds at community meeting over central North Island mill closures
Tuesday, August 27,2024,07:57
Locals fear the area will quickly become a ghost town, with one woman saying many families are already planning to leave for Australia. .. read more..
Building cost inflation return to 'normal' levels
Tuesday, August 27,2024,07:31
Some material cost falls and supply chain shortages easing has helped inflation to get back to pre-pandemic levels, QV CostBuilder says. .. read more..
TSB Bank fined nearly $2.5m by Commerce Commission for overcharging customers
Tuesday, August 27,2024,07:31
The High Court imposed the penalty after the Commerce Commission took legal action for historic breaches between 2015 and 2021. .. read more..
Brewery told to remove its Kupe beer from sale
Tuesday, August 27,2024,07:16
Te Aro Brewing's IPA has been found in breach of advertising standards after complaints. .. read more..
Building begins on NZ's largest solar farm next to Christchurch Airport
Tuesday, August 27,2024,06:19
It will have about 300,000 solar panels and is expected to generate enough renewable energy to power close to 36,000 homes. .. read more..
Aviation levies, fees and charges may increase
Tuesday, August 27,2024,05:12
The Civil Aviation Authority is currently seeking submissions on the proposal. .. read more..
'Keep the lights on': Community in central North Island rallies over mills th...
Tuesday, August 27,2024,04:02
The mill, which employs 230 people across two sites in the central North Island, announced it was closing due to high electricity prices. .. read more..
2025 the year house price rises revert to normal, BNZ says
Tuesday, August 27,2024,03:55
Prices will be flat this year but increase 7 percent next year, bank economist says. .. read more..
Recent heavy rain provides much needed boost to hydro lake levels
Tuesday, August 27,2024,03:33
The weekend's rain means storage at Lake Manapōuri is now above average for the first time since mid-June. .. read more..