Latest from Investment Companies

Northern Crest posts $3m loss
The last surviving business of Mark Bryers' failed Blue Chip group has fallen into the red.

Not guilty pleas from Dominion Finance directors
The directors of collapsed Dominion Finance and North South Finance have entered not guilty pleas in the Auckland District Court to charges they misled investors.

Alloway to remain at Allied, admits mistakes
"Mistakes have been made which the board and management acknowledge," Alloway told shareholders.

Hanover calls in lawyers on Allied Farmers
Hanover Finance has called in the lawyers to pursue Allied Farmers over allegedly attempting to "evade various contractual obligations to Hanover."

Greg Muir quits as Pumpkin Patch chair
A successful shareholders campaign has pushed former Hanover Finance chair Greg Muir from the board of listed clothing retailer Pumpkin Patch.

Mark Hotchin may face charges
The Securities Commission has nearly completed their inquiry into the Hanover Group and may lay criminal charges in the new year.

<i>Deborah Hill Cone</i>: Let Muir work some Pumpkin magic
Forget Hanover - what matters is chairman's performance now.

Securities Commission joins in property investment warning
The Securities Commission has added its weight to the Reserve Bank's call for mum and dad investors' to be cautious about new private equity property investments.