INDEPENDENT NEWS

IWIinvestor targets assets of $1 billion in 5 years

Published: Wed 24 Apr 2019 09:52 AM
Taupō-based IWIinvestor, the investment and financial advisory provider plans to significantly expand its business over the next five years on the back of the growing Māori economy.
Excecutive Chair Debra Birch said, “IWIinvestor is committed to being New Zealand’s leading Māori-owned investment and financial advisory services.
“Charitable trusts and Māori entities are actively seeking investment partners who embrace their values and can deliver market leading outcomes from low cost, independent, socially responsible portfolios that acknowledge their risk profile”
Over the past 12-months, IWIinvestor has achieved a number of milestones including increasing total assets under management to over $150 million, assisting the collectivisation of 10 Tūwharetoa entities in order that they can invest as one in the new Te Pūia Tāpapa direct investment fund, and providing the opportunity for clients to invest in the impact infrastructure bond for a new gondola which is to open later this year at the Whakapapa ski field.
Debra Birch says, “A Māori economy conservatively estimated at between $8-10 billion coupled with the need to diversify investment portfolios has created the platform to substantially increase the scale of the IWIinvestor business.
“IWIinvestor is well-positioned to meet those needs. Moreover, protecting and growing the wealth of our clients will result in a significant increase in the scale of the IWIinvestor business, which enable us to continue to maintain a low fee base for investors.
“Looking forward, we aspire to reaching $1 billion of assets under management in five years time.”

Next in Business, Science, and Tech

Helping regions fill skills shortages and Kiwis come first
By: New Zealand Government
Report: Govt Inquiry into Auckland Fuel Supply Disruption
By: Inquiry into The Auckland Fuel Supply Disruption
Trump authorises use of emergency crude stockpile
By: BusinessDesk
UK trade minister pops up into Wellington
By: BusinessDesk
UPDATE: Tamarind halts Tui drilling; OMV assesses options
By: BusinessDesk
Migrant Workers Association criticises work visa overhaul
By: RNZ
More detail needed on migrant worker policy
By: BusinessDesk
Work visa changes putting New Zealanders first
By: New Zealand First Party
MIA welcomes Government sector agreement announcement
By: Meat Industry Association
Streamlined temporary work visa process is a real positive
By: Meat Industry Association
Horticulture NZ welcomes temporary work visa changes
By: Horticulture NZ
Immigration changes a boost for regional New Zealand
By: Business NZ
Work visa changes to support NZ tourism employers
By: Tourism Industry Aotearoa
DairyNZ welcomes immigration changes
By: DairyNZ
Temporary work visa improvements a welcome start
By: Business Central - Wellington
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media