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.
Source link
Waitangi political pōwhiri could return to Te Tii Marae
Some aspects of next year’s Waitangi commemorations may be moved back down to Te Tii Marae, as both political and Māori leaders believe it is an appropriate place for political debates. The move is supported by Waitangi Treaty Grounds Trust chair Pita Tipene, who believes the lower marae is significant for discussions and debates, as it was where the initial conversations took place in 1840. Despite past controversies and political tensions at the marae, there...
Read more