tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Thursday, December 5th, 1:25PM

People

rss
People

Ex Super Fund boss joins First Cape

Although First Cape is still be to be formerly created it has appointed former NZ Super Fund CEO as its inaugural chairman.

Tuesday, April 23rd 2024, 1:38AM

Former New Zealand Super Fund chief executive Matt Whineray has been appointed as chairman of FirstCape Group, a wealth advice and asset management business that has yet to be launched.

The group will bring together Jarden Wealth and JBWere NZ with Harbour Asset Management and BNZ Investment Services. Completion of the FirstCape Group transaction is expected in early May.

FirstCape Group’s incoming chief executive, Malcolm Jackson, said in a statement the group would have $44 billion in funds under management. It was important to have a chair with experience in managing funds at such a scale.

That comprises $29 billion of funds under advice and administration and $15 billion of funds under management, including $5 billion of KiwiSaver funds under management.

Jackson said a driving force for creating the FirstCape Group was a desire to scale up the wealth and asset management industry as more people retired over the coming decades.

“If you look around the world and compare how we’re saving as a nation to our neighbours in Australia, for example, today we are falling short," Jackson said.

Tags: people

« New FMA appointmentChch-based Lifetime hits the green with new appointment »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Slideshow

Thursday, December 5th 2024
Aotearoa Collaborative Working Group Meeting #4 2024
Wellington

Wednesday, December 11th 2024
Responsible Investment Association Australasia AGM 2024 (RIAA member only)
Offshore

Tuesday, March 4th 2025
Meet the Managers Roadshow
Wellington

Wednesday, March 5th 2025
Meet the Managers Roadshow
Canterbury

Thursday, March 6th 2025
Meet the Managers Roadshow
Auckland

Friday, March 7th 2025
Meet the Managers Roadshow
BOP

Tuesday, April 1st 2025
Shaping the future of advice
Auckland

MORE»

News Bites
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com