Kiwi managed funds flock to discuss going tobacco free, campaigner says
By Fiona Rotherham Nov. 16 (BusinessDesk) - Bronwyn King, the Australian doctor leading a global push to encourage fund managers to exclude tobacco stocks, said she’s had approaches from six major funds in New Zealand interested in making the shift. The move follows investo...
Distributions to Capital + Merchant investors disclosed next month after trustee case settled out of court
By Fiona Rotherham Nov. 14 (BusinessDesk) - Debenture holders of collapsed finance company Capital + Merchant will find out by the middle of next month the timing of any further distributions following the settlement of a long-running court claim against the firm’s trustee Per...
Social impact investor Derek Handley offers to relocate US entrepreneurs to NZ in wake of election
By Fiona Rotherham Nov. 14 (BusinessDesk) - In the wake of the US election, Kiwi social and impact entrepreneur Derek Handley says he's had early interest in an offer to relocate American entrepreneurs to New Zealand if his activist venture capital firm invests in them. Aer...
Ngai Tahu key investor in $105 mln Movac technology fund
By Fiona Rotherham Nov. 11 (BusinessDesk) - Technology investment fund manager Movac has raised $105 million for its latest fund, including $75 million from institutional investors such as Ngai Tahu Holdings, the iwi’s commercial arm. Movac partner Phil McCaw said he couldn...
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