Ever since their inception in 1949, hedge funds have been seen as a niche investment alternative, and one largely available to only the wealthiest investors.

Hedge funds have the unusual characteristic of causing both anxiety and excitement. Most investors remember the time that George Soros - probably the most famous hedge fund manager - “broke the Bank of England” in 1992, and the near-collapse of Long-Term Capital Management in 1998.

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New Zealand could benefit from having an organisation similar to the Mortgage Industry Association of Australasia (AIAA), says Auckland lawyer Jonathan Flaws.

Read (or download) the full Securities Commission discussion document here.

One-to-one marketing – the key to increasing business from your customers

Entries for this year's Financial Planner of the Year Awards are now open.

Australian-based manager Perpetual Investments explains its style and it explains its relationship with mega-manager Fidelity International.

Tougher rules for Australian advisers, Trust nearly full, Frank Russell a winner, WestpacTrust cleared.

Winston Peters addresses the Grey Power Public Meeting, Whakatane.