Mercer has announced the closure of its historic New Zealand shares fund, citing a decline in investor interest. The decision comes as the fund faces challenges in generating returns in the current market environment. Investors will be given the option to transfer their investments to other funds or redeem their holdings altogether.
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Crown drops manslaughter charge against woman who fatally stabbed ex-NZ Māori league player after alleged abuse
A woman charged with fatally stabbing former New Zealand Māori rugby league player Neville Ramsay has been released after prosecutors dropped the case. Lawyers intended to argue that the woman was a long-term victim of domestic violence and that the stabbing was an act of self-defense, as Ramsay had barricaded himself in her home and assaulted her. The case was abandoned after the Crown reviewed the evidence and found it did not meet prosecution guidelines,...
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