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

Stripped Dunedin fund manager ‘gobsmacked’ by FMA, Trustees Executors action

Annual reports show Forsyth Barr had client investments worth $340k with the funds.

A director of the Dunedin fund manager that was stripped of three property investment funds worth more than $20 million says he is gobsmacked by the actions of the Financial Markets Authority and Trustees Executors.

The FMA this week appointed KPMG Restructuring as temporary manager of three

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Hamish McNicol Wed, 04 Nov 2020
Contact the Writer: Hmcnicol@nbr.co.nz
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Stripped Dunedin fund manager ‘gobsmacked’ by FMA, Trustees Executors action
General Business,
85457
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