Dispute follows withdrawal of proposed partial offer by Empire Technology in September.
Infratil has registered a prospectus for an offer of unsecured unsubordinated infrastructure bonds with the aim of refinancing its bonds falling due next May.The managers of the offer are Forsyth Barr, ANZ National Bank, First NZ Capital and Westpac Insti
NZX-listed infrastructure investment company Infratil has bounced back after a difficult year, although the government's recent tax changes have impacted its result.It has announced a net surplus attributable to shareholders of $16 million in the first ha
Property industry experts and investors have expressed shock and dismay that the Serious Fraud Office decided not to prosecute collapsed investment company Blue Chip.Speaking on property specialist members-only website PropertyTalk, Manawatu based investo
New Zealand equities have been revalued by the country's key investment managers, according to the latest New Zealand investment manager outlook by US-based fund manager and investment advisor Russell Investments.New Zealand investment managers now believ
Mystery surrounds the reasons for an attempt by a Christchurch investment group to challenge a caveat over a property – seven years later.The case provides a tiny window on the arrangements of several high profile Christchurch businessmen and disbar
The "feel-good" factor if New Zealand limited foreign investment would probably not be enough to outweigh the inevitable "feel-bad" consequences of a lower standard of living, the New Zealand Institute of Economic Research (NZIER) says.
Investor risk aversion spurred on by the Greek sovereign debt crisis has revealed flight-to-safety effects in the relative performance of bonds versus shares, says Tower Investments.A performance update from the Kiwisaver provider reveals risky assets suc
Opportunities for investing in socially responsible funds are limited, a Council for Socially Responsible Investment (CSRI) conference in Auckland was told.The concept of socially responsible investment was treated so vaguely and broadly that it covered m
Bank of New Zealand (BNZ) has got the ball rolling with the country's first covered bond scheme, with $425 million bonds sold to institutional investors.Covered bonds provide security on a pool of prime residential mortgages and have been issued by BNZ to