Rotorua

Investors in Macquarie’s Fortress Notes were given some bad news yesterday when it was revealed the notes were worthless.

Various investment analysts are now talking about the opportunities which equity markets present to investors and advisers.

Award finalists revealed; Moody’s affirms Macquarie rating, changes outlook; Auckland airport offers fixed rate bonds; Magellan hits the road; Strategic sale scrapped

Peter West has been appointed to the role of adviser services manager at Goldridge Wealth Management.

The story of the week has to be the government’s rapidly changing deposit guarantee scheme, which undoubtedly changes the face of the investment landscape in New Zealand.

The immediate sale of Suncorps’ banking and wealth management assets has been put off due to changes in the Australian and New Zealand financial services sector.

The NZX has suspended trading in Dominion Finance Holdings (DFH) shares indefinitely.

AIG Life is fighting back against other life insurance firms who maybe trying to encourage advisers to switch their clients across to a different company.

Former Tower Investments boss Tony Hildyard is back in the industry will a role promoting PIMCO in New Zealand.

The range of returns from KiwiSaver funds is very wide according to the first performance report from research house Morningstar.

Depositrates.co.nz is keeping tabs on which firms have applied to join the government’s deposit guarantee scheme.

Auckland

Wellington

The range of returns from KiwiSaver funds is very wide according to the first performance report from research house Morningstar.