Macquarie Investment Management
KiwiSaver funds
Managed funds
NZ Super funds
Our Coverage
macquarie buys amp investment arm
Australian fund manager Macquarie will purchase AMP Capital’s Global Equities and Fixed Income division, which includes AMP Capital NZ. Macquarie will pay up to A$110 million in cash and a cash earn
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
why milford asset management still engages with aussie coal producers
Milford Asset Management invests in fossil fuels and gaming companies but says even coal producers can benefit from investor engagement. For some companies, it’s one of the first times an investor h
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
govt moves on social investment with new agency
The government is replacing the Social Wellbeing Agency with the Social Investment Agency, which will lead the coalition's new social investment approach. $50.5 million in new funding has been allocat
skycity lawyer macquarie double dipping on failed car park deal
The lawyer acting for SkyCity Entertainment says the Macquarie-owned entity set up to buy its car parks is "double dipping" as the two remain in a legal battle over the failed agreement. Now that disa
kkr to buy perpetuals corporate trust wealth management units for 23b
By Alice Uribe SYDNEY— Perpetual has agreed to sell its corporate trust and wealth management businesses to buyout firm KKR in a deal worth around A$2.18 billion (NZ$2.3b). The Australian financia
the art of continuous investment improvement
'Everyone has a plan until they get punched in the mouth.' – Mike Tyson. An investment framework … The most important thing to me and anyone I know who is serious about investing is to have “an
macquarie fined for failing to catch irregular algorithmic trading
By Paul McBeth March 14 (BusinessDesk) - Macquarie Securities has been publicly ticked off and fined $20,000 for failing to discover that one of its clients with direct market access made more than 10
macquarie still upbeat on retirement village sector consents up in november
By Rebecca Howard Jan. 19 (BusinessDesk) - Building consents for retirement villages continued to rise in November as operators expand to meet the demands of New Zealand's ageing population and Macqua
investment adviser saturn portfolio management loses battle with i select over conspiracy allegations
By Sophie Boot Sept. 27 (BusinessDesk) - Investment advisory firm Saturn Portfolio Management has lost a court battle with pension provider i-Select after a judge rejected its allegations of a conspi
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
macquarie lifts fp healthcare price target by 73
By Rebecca Howard May 23 (BusinessDesk) - Macquarie Group lifted its 12-month target price on Fisher & Paykel Healthcare by 7.3 percent and kept its 'outperform' rating after the company's full-year
macquarie agrees to sell majority of nz retail wealth management unit
By Tina Morrison May 26 (BusinessDesk) - Macquarie Group, the Australian financial firm, agreed to sell the majority of its New Zealand retail wealth management business to local investment manager W
vocus nz ipo hits roadblock with macquarie bid
A A$3.4 billion takeover offer for Vocus Group has put the planned sale of the company's New Zealand business in doubt. Melbourne-headquartered Vocus yesterday confirmed it had received a non-binding.
macquarie tells investors to buckle up for a recession in 2023
Researchers at Macquarie are warning clients there are further falls to come for equity markets as the United States economy falls into recession. In a note titled ‘Buckle Up’, the Australian in
macquarie sells 156 stake in oceania healthcare for 1045m
By Tina Morrison Sept. 6 (BusinessDesk) - Oceania Healthcare's cornerstone shareholder Macquarie Group sold a 15.6 percent stake in the aged care and retirement village operator for $104.5 million,
oceania healthcare cornerstone shareholder macquarie selling 156 stake
By Tina Morrison Sept. 5 (BusinessDesk) - Oceania Healthcare's cornerstone shareholder Macquarie Group is selling down some of its shares for $102.6 million after restrictions on their sale were lift
skycity macquarie parking court case kicks off
SkyCity Entertainment Group’s two-day scrap over a $220 million contract it had with a Macquarie Group subsidiary has begun in the high court in Auckland. Justice Neil Campbell is hearing the c
skycitys 220m carpark deal with macquarie called off
SkyCity Entertainment Group’s plan to offload its car parks to Macquarie for more than $200 million has fallen through. This morning, SkyCity, which is due to hold its annual meeting tomorrow, told
macquarie lifts xero 12 month target price by 75
Macquarie analysts are upbeat on Xero, lifting their rating to outperform from underperform and their 12-month target price to A$152.60 (NZ$163.27) from A$87.00. The stock last traded at A$135. The m
macquarie meets mercer in a mixed up mystery
“Up to 20 jobs could be laid off following Macquarie Asset Management’s (MAM NZ) shock decision to hand over the keys to its NZ outpost to Mercer,” I read on some screen-scraping service that de
macquarie rules out buying heathrow stake telegraph reports
By Henry Ren (Bloomberg) -- Macquarie Group Ltd has ruled out purchasing a stake in London’s Heathrow airport, putting a sale of the UK hub at risk, the Telegraph reported. The Australian investm
jp morgan asset management and craigs investment partners sign mou
JP Morgan Asset Management and Craigs Investment Partners announced a strategic partnership with a multi-year memorandum of understanding. The partnership aims to leverage the strengths of both organi
ryman tossed out of the msci macquarie says buy
As foreshadowed for a couple of months, Ryman Healthcare shares will fall out of the MSCI Standard Index after May 31. Forsyth Barr estimates that will mean about $232.3m worth of shares will be sold.
Finance News
Finance
One in 24 New Yorkers is a millionaire
Ranking of cities by wealth puts the Big Apple at the top.
Finance
Paul McBeth: Banking on the price of stability
Competition has a cost that some might not be willing to pay.
Finance
Cautious lending keeps lid on default rates – Reserve Bank
Non-performing mortgages have overtaken Covid levels.
*All returns are per annum, after fees and before taxes. Data updated at 1:07pm 09 May 2024 (NZT)
FundSource is a trademark of
NZME Publishing Ltd
NZME Publishing Ltd
Third party data: All data displayed on the FundSource pages (Data) on BusinessDesk has been sourced from an independent third party, FE Fundinfo. NZME and its related bodies corporate and affiliates (together NZME) do not make any representation as to the currency, fairness, accuracy, completeness or reliability of the Data. Nor will NZME have any liability to any person in relation to the use of or reliance on the Data.
No financial or investment advice: The Data is general information only. It is not financial product or investment advice or an investment recommendation, and has not been prepared taking into account the objectives, financial situation or needs of any person. Potential investors should seek their own independent advice from a qualified financial adviser prior to making an investment decision. NZME makes no recommendation in relation to, and accept no responsibility or ongoing liability for, any person’s investment decisions.
No offer: The Data is only to be accessed by New Zealand residents from within New Zealand, and may not be copied or distributed to any other person. The Data does not constitute an offer or solicitation to offer financial products or conduct investment business in New Zealand or any other jurisdiction.
No guarantee: Past performance information should not be relied upon as (and is not) a promise, representation, warranty or guarantee as to the past, present or future performance. NZME does not guarantee repayment of any capital or payment of any returns on capital invested in the investments referred to in the Data.
Missing data? All data comes from FE fundinfo. BusinessDesk can help you get your data loaded and updated. Email [email protected] for help.