Absolute returns global investment manager NZAM has been granted a Discretionary Investment Management Service (DIMS) licence and a Managed Investment Scheme (MIS) Licence by the FMA.
NZAM says getting the licences means it can continue to provide the financial market services it has been providing clients for the past 24 years.
“This is an important achievement for NZAM,: CEO Andy Morris says. "Our clients can be assured that their money is with a manager who is best in class."
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