FNZ raises $650m in funding from institutional shareholders

Investors include La Caisse, Generation Investment Management, Canada Pension Plan Investment Board (CPP Investments), Motive Partners, Aberdeen Group, Aviva, FirstCape, Ninety One and Nucleus Financial Platforms. The capital should support FNZ's credit rating and enable the company to deliver on its strategy to "drive sustainable growth by investing in its technology, people and products, and delivering for its clients". "This reflects the continued support for FNZ's long-term strategy, leadership team and the significant role its technology is playing in modernising the wealth manag...