The Financial Markets Authority received fewer complaints in its 2014 financial year after the David Ross Ponzi investigation sparked a …
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Ex-OPI Finance auditor at odds with receiver over settlement
Investors in OPI Pacific Finance are still in the dark over the value of a potential deal with the failed …
Read More »George Kerr to dilute stake in Pyne Gould share issue
Pyne Gould Corp’s managing director George Kerr will dilute his stake in the financial services firm if it goes ahead …
Read More »NZF flags reverse listing with unidentified business
NZF Group, the financial services company, has entered into a non-binding agreement with an unidentified business for a possible reverse …
Read More »More jail time for Williams in final Five Star sentencing
Neill Williams, a key manager of failed Five Star Consumer Finance, will spend longer in jail after appearing in the …
Read More »David Ross appears at District Court hearing, remanded until Aug.29
David Ross, the Ponzi-accused former manager of Ross Asset Management, appeared in the District Court in Wellington this morning for …
Read More »Kiwi Income manager stays mum on internalisation proposal, sees retail, Auckland office improving
The manager of Kiwi Income Property Trust didn’t give investors any more clues on a proposal to bring its contract …
Read More »Milford Funds reaps $19 million in annual fees as funds beat performance targets
Milford Funds, a unit of Milford Asset Management that discloses financial statements, more than tripled its fee income, driving up …
Read More »Lombard directors sentenced to home detention
The Court of Appeal has sentenced all four former directors of Lombard Finance & Investments to home detention, having accepted …
Read More »Dorchester lifts Turners Auctions stake to 19.85%; no plans to make offer
Dorchester Pacific, the financial services firm whose shares have soared 237 percent in the past year, lifted its stake in …
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