Post by Kiwi Frontline on Feb 8, 2019 16:12:54 GMT 12
THE $9 BILLION IWI EMPIRE: MĀORI GROUPS' ASSETS GROW, DESPITE SLOWDOWN
The combined wealth of the nation's 75 iwi groups rose by $1.2 billion in the past year to almost $9b, says a new report on iwi holdings.
The TDB Advisory Iwi Investment Report 2018 focuses on the financial performance of eight of the largest iwi, which among them represent about $5.5b of the total asset base.
All the eight iwi groups delivered positive returns for the year, although as the property sector has slowed, so has total growth.
www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12200963
The combined wealth of the nation's 75 iwi groups rose by $1.2 billion in the past year to almost $9b, says a new report on iwi holdings.
The TDB Advisory Iwi Investment Report 2018 focuses on the financial performance of eight of the largest iwi, which among them represent about $5.5b of the total asset base.
All the eight iwi groups delivered positive returns for the year, although as the property sector has slowed, so has total growth.
www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12200963