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Hot Topic Budget 25
General Business
10 mins to read
4

NZ pension scheme linked to hedge fund in SFO probe

Millions channelled to Penrich Capital from scheme sold to British ex-pats.

Tim Hunter Wed, 10 Jun 2020

Emails obtained by NBR show a hedge fund manager under investigation by the Serious Fraud Office had a key role in a controversial New Zealand pension scheme promoted to British ex-pats living in Spain.

The SFO confirmed on March 16 it was reviewing a complaint about hedge fund manager Penrich

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Tim Hunter Wed, 10 Jun 2020
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
Penrich Capital SFO Kenji Steven Rutherford Innovation Fund Evergreen Retirement Trust Ranfurly Strategic

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