QuayStreet Asset Management won the Diversified Growth Fund Manager of the Year at the INFINZ Awards, recognising outstanding long-term performance and excellence in portfolio management.

Worldwide, financial planners are optimistic about AI’s potential to help them better serve clients, enhance the quality of advice, reduce the cost of advice and increase public access to advice.

Investment firm Craigs has confirmed the sale of half of the company to global private equity firm TA Associates is now complete and takes effect from today.

Craigs Investment Partners shareholder have approved a proposal to sell a 50% share in the company to global private equity firm TA Associates.

Heathcote Investment Partners has launched a new initiative designed to support and empower the financial advice industry in New Zealand.

The New Zealand Super Fund has invested $50 million into private equity investment manager Direct Capital.

InvestNow has added three new funds to its Foundation Series Funds.

Morningstar is due to hand out its annual gongs to fund managers this week. Here are the finalists.

JP Morgan Asset Management has launched its first ever New Zealand domiciled, global fixed income PIE fund.

The Adviser Platform (TAP) has launched an AI-powered tool to help financial advisers save time preparing client advice.

A new partnership between Massey University’s Financial Education and Research Centre (Fin-Ed Centre) and the Booster Foundation aims to address gaps in New Zealand’s financial advice sector.

The FMA is launching a pilot “regulatory sandbox” to help fintechs test new products.

Booster’s Savvy debit card has gained international recognition at the Fintech Futures 2024 Banking Tech Awards in London, being awarded Highly Commended in the Best User/Customer Experience Initiative for Consumers category.

The Booster Foundation inks five partnerships in first year.

Select Wealth Management has passed $1 billion in funds under management mark.

Booster Savvy double finalist in international Banking Tech Awards.

Financial Advice New Zealand extends partnership with Massey University’s Fin-Ed Centre.

Nikko Asset Management is changing its name to Amova Asset Management. Find out what it means.

An InvestNow survey of investors has found 38% of respondents don’t know what taxes apply to their investments.

ANZ Investments is replacing MFS Institutional Advisors (MFS) with BlackRock Investment Management (Australia).

Newton Ross, now part of Alvarium, has gone live with NZXWT’s technology platform.

Apex Group is acquiring Trustees Executors’ Custody and Investment Accounting business.