Zenith New Zealand research on hold due to Covid-19

Zenith bought FundSource from the NZX last year.

Chief operating officer Jason Huddy said the firm planned to expand Zenith’s qualitative fund management research into New Zealand.

“We certainly have plans not only to expand our research coverage of Australian and international managers to New Zealand for New Zealand advisers but to include New Zealand-based managers. But we’ve hit a roadblock. We can’t have any analysts travel to have a meeting with fund managers,” he said.

The business in New Zealand had been renamed to Zenith Investment Partners NZ and there was a website to give New Zealand advisers international fund insight, he said. But the 14 analysts working for Zenith faced a challenge in travelling to New Zealand while the borders were closed due to Covid-19, he said.