Latest from Managed Funds

Ross investors face 'terrible legal battle'
If it is determined that David Ross was running a Ponzi scheme, investors face a major legal fight to recover their funds, says investor spokesman Bruce Tichbon.

Bernard Hickey: Old savers drag on investment
New Zealanders and their fund managers can't seem to stomach investing in big, hairy, risky long-term privately funded infrastructure projects.

NZ banks buy into covered bonds
New Zealand banks have been raising billions of dollars in recent weeks by doing something their Australian parent companies can not yet legally do - issue covered bonds.

Brian Gaynor: Phobia of local investment holding us back
Managed fund stats show depth of savings crisis facing New Zealand.

Sovereign wealth fund gets shot of munitions companies
Australia's sovereign wealth fund dumped holdings in mine and cluster-bomb makers.

<i> Inside Money: </i> Nothing PIEs coming up
A critical ingredient of New Zealand's mysteriously exciting 'financial hub' project is being secretly prepared by the IRD this month.

Term deposits most popular NZ investment choice, survey
Just 6 per cent of investors think shares offer the best rate of return, while rental property is still a popular investment, according to a survey by ASB.

<i>Inside Money :</i> Lifestyle change for adviser body
While the deal is pitched as a "professional development partnership" this is really a good, old-fashioned sponsorship arrangement: the IFA needs money; NZ Funds needs financial advisers to feed it clients.

<i>Inside Money:</i> Thank you very much for your kind donation
We could fill this Government debt hole with a Telethon...

<i>Inside Money: </i> Making KiwiSaver simple but not stupid
I liked the proposals requiring all KiwiSaver schemes to report quarterly on what they have actually invested in.

Wall St steeled for more FBI insider trading raids
The FBI is planning further raids on hedge funds suspected of involvement in an insider trading scam, as a three-year investigation enters its final stages, with prosecutors aiming to make arrests and lay charges within the next few weeks.