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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
10 mins to read

NZ pension scheme linked to hedge fund in SFO probe

Millions channelled to Penrich Capital from scheme sold to British ex-pats.

Tim Hunter Wed, 10 Jun 2020

Emails obtained by NBR show a hedge fund manager under investigation by the Serious Fraud Office had a key role in a controversial New Zealand pension scheme promoted to British ex-pats living in Spain.

The SFO confirmed on March 16 it was reviewing a complaint about hedge fund manager Penrich

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Tim Hunter Wed, 10 Jun 2020
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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NZ pension scheme linked to hedge fund in SFO probe
General Business,
83870
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