Amid volatile global markets, ACC's investment team still managed a 10.22% return for the year ended June.
When companies borrow money, they usually expect to pay interest but the tables have turned in Europe where investors are piling into sure-fire money-losing bond offers. With special feature audio.
Kiwi Property is selling $75 million of seven-year fixed rate senior secured bonds with oversubscriptions of up to $50 million.
Sean Joyce's CM Partners designed the new type of bond, secured over a barrel of honey.