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Boom in private offers has FMA on watch

Who counts as a ‘wholesale’ investor, and what you need to know about unregulated products.

Maria Slade Wed, 28 Jul 2021

There was a time when $5 million would have been a fortune.

These days, it’s a moderately well-appointed residence in Auckland‘s double-Grammar zone or a Drury lifestyle block.

In the current environment of rapidly inflating asset prices, simply having a net worth of $5m does not make you

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Contact the Writer: maria@nbr.co.nz
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Boom in private offers has FMA on watch
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