The announcement is the first major move by chief executive Mark van Dyck, who joined four months ago.
Margin Call: Markets are downplaying the attractions of banks and insurers.
Market Outlook: Harbour Asset Management portfolio manager Shane Solly on the week ahead.
David Parker a minor shareholder as well as an investor in its funds.
Margin Call: Asset values may look high but if low interest rates are here to stay, prices can be justified.
Market Outlook: Fat Prophets head of research Greg Smith on the week ahead.
On the Money: Brent Sheather probes whether unlisted property is less volatile than a listed fund.
Margin Call: What came first? Chicken or egg? Great businesses or successful investors?
Market Outlook: Craigs private wealth research head Mark Lister on the week ahead.
Ten Kiwis have signed up already to invest $1m in promising startups.