INDEPENDENT NEWS

Established Investment Firm to Launch Iwi Investor Brand

Published: Wed 15 Aug 2012 10:39 AM
Established Investment Firm to Launch Iwi Investor Brand at September’s National Maori Business Event
TAURANGA, Wednesday 15 August 2012: Taupo Moana Group, a Maori-owned investment firm, is about to embark on an ambitious plan to change financial habits and improve the wealth of New Zealanders.
The 16 year-old firm, with over $250 million under management, will unveil its plan at a cocktail and launch function in Tauranga next month in conjunction with the National Maori Business Networks and Maori Enterprises Conference.
Part of Taupo Moana Group’s strategy is a change of the company’s name to Iwi Investor. And, according to company executives, the name change brings with it a bigger vision for its clients.
“For the last sixteen years we’ve been successful in growing the wealth and improving return on investment for a variety of Maori organisations, iwi and hapu,” says Temuera Hall, Managing Director of Taupo Moana Group. “Now our mission is much bigger and bolder in that we want to grow the wealth of all New Zealanders."
As well as providing services to institutional clients, the rebranded Iwi Investor will expand into the retail sector by offering a range of wealth education services and investment products to individuals and families. One such product is the Iwi Investor KiwiSaver Scheme, which is the first KiwiSaver scheme to be developed and offered to the public by a 100% Maori-owned financial institution.
“It has taken us over 18 months to bring our Iwi Investor KiwiSaver product to market,” says Hall. “But, from a compliance perspective, it was important for us to do things properly.” Hall, who is one of a handful of Maori who hold the designation of Authorised Financial Adviser, adds that “being able to offer a KiwiSaver product adds important credibility to the firm and lets people know how committed we are to helping our clients.”
The venue for the launch is the TECT Arena, Bay Park at Mount Maunganui, Wednesday 12th September at 5.00pm-6.30pm. Admission is free but is available on a registration basis only. To register for the event, email info@taupomoana.co.nz or by contacting the conference organisers, the Tauranga Maori Business Association – email: events@tmba.co.nz
About Taupo Moana Group
Taupo Moana Group was established in 1996 and provides investment advisory services to Maori organisations, iwi and hapu. More information can be viewed online at http://www.taupomoana.co.nz.
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