The following business relationship, subsidiaries and associated entities have been established in order to meet our clients’ broad range of investing requirements.
NZSIF Management Limited, a wholly-owned subsidiary of Craigs Investment Partners, manages the New Zealand Social Infrastructure Fund, a fund established to invest in New Zealand and Australian infrastructure assets. For more information on the New Zealand Social Infrastructure Fund visit www.nzsif.co.nz.
Pohutukawa Management Limited was established in 2004 by Craigs Investment Partners and specialist private equity manager, Direct Capital to enable our retail clients to participate in the New Zealand private equity market. Pohutukawa Management II Limited was established in 2009. For more information visit www.pohutukawafund.co.nz.
FMG and Craigs Investment Partners formed a business relationship in 2009. This relationship enables both companies to work more closely together to provide investment advice and specialist rural insurance services to clients across the rural heartland of New Zealand.
If you would like to learn more about FMG and their services, please contact your Investment Adviser to better understand how FMG may be able to help you. You can also visit their website - www.fmg.co.nz.
Custodial Services Limited (Custodial Services) is a wholly-owned subsidiary of Craigs Investment Partners. Custodial Services act as a Bare Trustee, which means there is no change of beneficial ownership, the assets are held in your (clients) name via a nominee.
Both our Managed Portfolio Service and Investment Administration Service are provided by our Custodial Services. All correspondence relating to your investments is taken care of including managing your assets, processing trades, receiving income and ensuring appropriate action is taken when a corporate action affects your portfolio.
CIP Cash Management Nominees Limited*, a wholly-owned subsidiary of Craigs Investment Partners, was established in 2010 to hold funds on trust for our clients in Pooled Cash Management Accounts with ANZ National Bank Limited (“ANZ”). CIP Cash Management Nominees Limited provides investors with competitive interest rates for on-call deposits in New Zealand dollars and selected foreign currencies. For more information go to Cash Management Accounts.
Craigs Investment Partners Investment Management Limited (CIPIML), a wholly-owned subsidiary of Craigs Investment Partners, was formed in August 2007 to develop and manage a range of CIPIML Defined Portfolios. CIPIML currently manages eight portfolio investment entities (PIE’s). To read more about our investment funds, go to Funds Management.
Craigs Investment Partners Superannuation Management Limited (CIPSML) a wholly-owned subsidiary of Craigs Investment Partners, is the manager of the three Craigs Investment Partners Superannuation schemes:
*CIP Cash Management Nominees Limited holds the funds as bare trustee on our clients’ behalf in Pooled Cash Management Accounts with ANZ or any successor or other registered banks selected by Craigs Investment Partners. The Pooled Cash Management Accounts are unsecured debt securities of ANZ. The amounts held are recorded in a separate Cash Management Account in the name of each client.