The New Zealand Securities Commission has now made the New Zealand securities market accessible to B...
The New Zealand Securities Commission has now made the New Zealand securities market accessible to British collective investment schemes. A new exemption notice will enable British unit trusts and Oeics to offer their products in New Zealand without completing New Zealand disclosure documentation. This will provide a cost-effective method of adding the market to products distribution. While the New Zealand market is insignificant when compared to overseas markets, it can provide a relatively inexpensive bonus to fund issuers. Earlier in the year, the Securities Commission indicated it ...
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