Ten major iwi investors posted a 3.9% return in 2025, marking a third straight difficult year as property valuations and carbon markets weighed on results.
Ten of Aotearoa’s largest iwi investment groups recorded a modest lift in returns in 2025, but the sector remains in a third consecutive difficult year.
TDB Advisory’s Iwi Investment Report 2025 reviewed the corporate structures, investment strategies, and financial performance of Ngāi Tahu,