close
MENU
Investment
1 mins to read

NZX picks up $1.6b in FUM with QuayStreet buy

Smartshares approaching $10b in funds under management under $31.25m acquisition.

Smartshares chief executive Hugh Stevens.

The NZX has acquired the $1.6 billion funds management arm of Craigs Investment Partners, QuayStreet Asset Management, for an upfront cost of $31.25 million made up of $22.5m cash and the rest in NZX shares.

The deal also includes a support and distribution agreement with Craigs and provides a

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Hamish McNicol Wed, 23 Nov 2022
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Company profile
Powered by:
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
NZX picks up $1.6b in FUM with QuayStreet buy
Investment,
96727
true