Equity trust launch
NZI Investment Services, Ltd, said it will launch three professionally managed equity trusts on August 14. The general manager of NZI Investment Services, Mr Ross Jewelly, said the equity trust launch will be the culmination of two years careful planning and research. NZI executives had travelled overseas to study the flourishing unit trust market and NZI Corporation had taken a 5C per cent shareholding in one of Australia’s largest trust fund managers, Brick Securities. NZI Investment Services manages investments of more than $2 billion in 26 countries, including $BOO million in New Zealand.
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Press, 12 August 1985, Page 35
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96Equity trust launch Press, 12 August 1985, Page 35
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