News
0 Scion becomes shareholder of KiwiNet consortium

Scion becomes shareholder of KiwiNet research commercialisation consortium

Crown Research Institute Scion has become a shareholding partner of the Kiwi Innovation Network (KiwiNet), a consortium of Universities, Crown Research Institutes and Crown Entities dedicated to taking a collaborative approach to research commercialisation. KiwiNet’s 14 partner organisations encompass around 70% of New Zealand’s science capability with over 7000 research staff and a collective research spend of almost $1 billion.

Scion joins KiwiNet (www.kiwinet.org.nz) partner organisations WaikatoLink, Plant & Food Research, Otago Innovation Ltd, Lincoln University, AUT Enterprises, AgResearch, University of Canterbury, Callaghan Innovation, Viclink, Landcare Research, Cawthron Institute, ESR and NIWA. Principal support is also provided by the Ministry of Business, Innovation & Employment (MBIE).

Read more

News
0 Carmel Fisher: Crowdfunding evolving fast, but it’s not for everyone

If I were a banker, I’d be feeling a little uncomfortable. It seems a new digital disruption is on its way, about to do to banking what iTunes did to music and Amazon did to product sales.

It’s called crowdfunding and it has a close cousin called peer-to-peer lending (P2P). Both are alternative ways to get money for your idea or your business from people who pool small amounts of money together. Generally using an online platform, crowdfunding and P2P bring borrowers and lenders together while bypassing the banking middleman.

Read more

News
0 Private equity backed IPOs outperform – study

The latest study released today by the Australian Private Equity & Venture Capital Association Limited (AVCAL) shows that private equity (PE) backed Initial Public Offerings (IPOs) have outperformed non-PE backed IPOs since the re-opening of the Australian IPO market in 2013.

The study, which was prepared by leading global financial advisory firm Rothschild in association with AVCAL, analysed the share price returns for 49 IPOs which listed on the ASX during 2013 and 2014 with an offer size of A$100 million or more. Of these, 23 were PE backed and 26 were non-PE backed.

Read more

News
0 NZ Super Fund returns 13.89% in 2014, warns returns likely to wane

The New Zealand Superannuation Fund, the sovereign wealth fund set up to help smooth the cost of universal superannuation between today’s taxpayers and future generations, returned 13.89 percent over 2014, ending the year at $27.54 billion, but warns lower returns are ahead.

Last year’s return exceeded the 12.42 percent return for its passive reference portfolio benchmark and a 3.08 percent return for Treasury bills, which is the measure of the cost to the government of contributing to the fund instead of paying debt. Since inception in 2003, it has generated $11.4 billion more than the Treasury bill return of 4.66 per cent per annum and beaten its passive reference portfolio benchmark by $3.1 billion. or 1.11 per cent per annum.

Read more

News
0 NZ Super and Infratil buy RetireAustralia

New Zealand Super has joined forces with Infratil to buy major Australian aged care facility operator RetireAustralia.

The sovereign wealth fund and the asset manager will take 50% each after entering into a sale and purchase agreement worth $640.2 million.

Read more

1 2 3 18