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Communities lose out on $128m from poor trust investments

Lost value over three years has report author calling for a government investigation.

Andrew Bevin Thu, 15 Jul 2021

An academic is calling for a government investigation into community trust investment decisions after finding trusts cost communities $128 million in value over three years.

Dr Helen Roberts, from the University of Otago’s accountancy and finance department, found the shortfall after examining

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Andrew Bevin Thu, 15 Jul 2021
Contact the Writer: andrew@nbr.co.nz
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Communities lose out on $128m from poor trust investments
Politics,
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