UPDATED: Tower has taken out the top award in the FundSource Fund Manager of the Year awards, displacing ING which held both this and the Morningstar award.

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The official cash rate (OCR) will remain unchanged at 8.25%.

Listed finance firm MFS New Zealand says it still aims to grow a large and diversified financial services firm in this country, but is currently taking it time.

Latest health insurance figures are just that healthy.

Fund managers AMP Capital Investors said September quarter returns had been rocky, led by a 7% rise in New Zealand commercial property, but the outlook was positive for some assets.

Auckland

No rate rise expected this week, Hunter Hall given three stars, Consumer urges caution for Geneva investors, Tower happy with PIMCO ratings. Strategic's rating confirmed.

LJ Hooker mortgage brokers have added an insurance product to their offering now the company's parent has acquired the former Promina Group in New Zealand.

New Zealand finance company advertising in Australia gets a warning.

The same three managers are in the running for the 2007 FundSource Fund Manager of the Year Award as last year.

Sydney