“We expect these drivers will continue to influence iwi investment decisions and we will continue to work with iwi to unlock this $1 billion opportunity.”
“In recent years we have observed an increase in the average risk appetite with increased iwi investment in unlisted NZ private companies and start-up ventures.” Mr Harrison said.
Classified sometimes as ‘direct investments’ these types of assets can offer quadruple bottom line outcomes making them attractive to iwi investors. However, they can also carry additional risks like market volatility, management transition, and geographic concentration.
Identifying, assessing and managing these risks in future investments is critical for iwi to protect and grow their asset bases while delivering quadruple bottom line outcomes.
“In an uncertain covid world that will require stimulus, the financial health and strength of iwi and Māori investors is a real positive,” Mr Harrison said.
“When combined with the aspirations of Māori Land Trusts & Incorporations, and Māori businesses, it is clear that Māori are powerful force in an economy that needs injection.”
For media enquiries contact: Stefan Herrick 021 748492