FMA sues fund manager Booster
Regulator alleges related party transactions were not in investor interests, Booster says it will defend claims vigorously.
Booster managing director Allan Yeo.
Tim Hunter
Wed, 12 Jun 2024
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Hawke’s Bay
The Financial Markets Authority has filed legal action against KiwiSaver manager Booster as well as Booster directors Allan Yeo and Paul Foley, former director Brendon Doyle, and senior executives David Beattie and Nicholas Craven.
The regulator alleges Booster Investment Management Ltd’s related
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Tim Hunter
Wed, 12 Jun 2024
Contact the Writer: thunter@nbr.co.nz
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