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.

New Zealanders and their fund managers can't seem to stomach investing in big, hairy, risky long-term privately funded infrastructure projects.

The High Court knocked back a bid by the statutory managers of Allan Hubbard's affairs to use his personal funds to meet their fees just two days before Hubbard's death in a car crash.

Managed fund stats show depth of savings crisis facing New Zealand.

Boutique options for elite investors?

Australia's sovereign wealth fund dumped holdings in mine and cluster-bomb makers.

NZ fund managers rated the most stink in the world by Morningstar.

New Zealand continues to rate poorly for investors in managed funds, according to a global study conducted by investment research company Morningstar.

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.

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.

We could fill this Government debt hole with a Telethon...

I liked the proposals requiring all KiwiSaver schemes to report quarterly on what they have actually invested in.

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.