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NZ community trusts: poor performance, poor disclosure


On the Money: Despite deficiencies, report raises important questions.
A couple of weeks ago, Dr Helen Roberts of Otago University’s Accountancy and Finance Department ruffled a few feathers in the New Zealand community trust and fund management sectors with
 
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NZ community trusts: poor performance, poor disclosure

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Community trusts hit back at criticism of their investment practices


The trusts say there were problems with the way the academic report was prepared.
Community trusts have raised concerns with an academic’s report released yesterday which said communities were losing out on $128 million from poor trust investments.
Dr Helen Roberts, from the University
 
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