Vital’s chair says it initially approached the Canadian firm with a proposal to buy out its management contract last year.
Tech investor Movac led the funding round sealed just before the Covid-19 lockdown.
Research shows local funds don’t buy the higher risk/reward rationale.
Margin Call: Fisher & Paykel Healthcare and a2 Milk shoring up NZ equities market.
Market Outlook: Fisher Funds chief investment officer Frank Jasper on the week ahead.
Little Island Coconut Creamery defers $2m crowdfunding offer.
Investors look for extra help as funds tighten for struggling Kiwi firms.
Exchange-traded funds showing their mettle in the virus crisis.
Margin Call: Coronavirus has exposed the fragility of many businesses. We need to fix that.
Market Outlook: Analyst Shane Solly on the week ahead.
