Fisher & Paykel Appliances says it is reviewing the ownership of its finance business and is considering selling it.

Former PropertyfinanceSecurities marketing manager Sandra Pigram has is taking over the reigns at Mike Pero Mortgages.

Macquarie's Generator Bonds haves had a credit rating upgrade and a buy-back facility has been launched for investors in its Commodity Bonds.

Allied Nationwide Finance says it has formally engaged Standard & Poors to undertake a credit rating on the company in early 2008.

Christchurch

A water fund with liquidity
Liontamer have just launched a new managed fund that taps into the investment potential of the global water industry. And in keeping with the theme, this open-ended fund has daily liquidity.

This month's comment from Tyndall is penned by by London-based economist Andrew Hunt. He says despite global liquidity there are still risks investors need to be aware of.

Auckland

DorchesterLife, which offers both home equity release loans and reverse mortgages, has joined industry group SHERPA (Safe Home Equity Release Plans Association).

South Canterbury Finance said it would attempt to raise $75 million of five year bonds with the possibility of raising another $25m in over subscriptions.

Christchurch

South Canterbury Finance said it would attempt to raise $75 million of five year bonds with the possibility of raising another $25m in over subscriptions.

One of the first things AIG Life's new chief executive, David Pierce, will do is to launch a new initiative, which he describes as "a first for the New Zealand market."

New name and boss for AIA, KiwiSaver a massive opportunity for advisers: Cullen. House prices fall again.