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Hot Topic ELECTIONS
Investment
3 mins to read

Dunedin fund manager stripped of licence in FMA first

KPMG Restructuring was last year appointed temporary manager of Fund Managers Otago’s schemes.

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The Financial Markets Authority has for the first time cancelled a managed investment scheme manager’s licence.

The licence related to Fund Managers Otago, a Dunedin fund manager that was last year stripped of three property investment funds worth more than $20 million due to ongoing

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Hamish McNicol Wed, 07 Jul 2021
Contact the Writer: Hmcnicol@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.

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Dunedin fund manager stripped of licence in FMA first
Investment,
88054
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