Zenith Investment Partners purchases FundSource
NZX has sold FundSource New Zealand to leading Australian investment research and investment consultants, Zenith Investment Partners.
David Smythe, Zenith’s co-founder and director, said that FundSource was a well-known and trusted brand in the New Zealand market, providing an ideal pathway for Zenith into the New Zealand market.
Smythe said Zenith is committed to growing the NZ market for funds research and sees a great opportunity to bring together the synergies of a strong brand in the NZ market with the size and scale of Zenith’s Australian operation from a research and analytical perspective.
“We have no immediate plans to change the way FundSource operates,” said Smythe. “FundSource will continue to provide the same excellent service as always. We look forward in time, to enhancing the offering for clients.”