Genesis Energy is offering up to $75 million, and up to $25 million of over-subscriptions, of six-year fixed rate senior bonds to institutional and New Zealand retail investors.

While many economic forecasters were expecting the Reserve Bank to cut the OCR later this year the central bank moved today shaving another 25 basis points off the cash rate.

New Zealand fund managers and advisers are switching on to responsible investing, it has been claimed.

BNZ has taken on its next tranche of NZ Financial Services Group advisers bringing the total number of accredited brokers to 370.

Squirrel founder John Bolton says there are indications clients will put up $4 million in its equity crowdfunding offer, launched today.

Oyster Group is set to launch a new unlisted property investment, the Oyster Direct Property Fund, to satisfy market demand for a property investment vehicle capable of providing monthly income from a portfolio of quality property assets throughout New Zealand.

AMP advisers and advice businesses have been recognised at this year’s AMP Awards.

Suncorp says it will retain its links with its third-party distribution network, after a structural shake-up.

The Reserve Bank has appointed Steve Gordon as its new head of Currency, Property and Security (CPS).