UoA signs MOU with AIST in Japan

Auckland UniServices has signed a Memorandum of Understanding with the National Institute of Advanced Industrial Science and Technology (AIST) in Japan, developing new technology innovation opportunities.

The agreement encourages technological co-operation in robotics, artificial intelligence, advanced materials, and energy. Prime Minister Jacinda Ardern was in attendance at the signing on September 20th.

Read more here: https://www.uniservices.co.nz/node/841

KiwiSaver and Private Equity

As we have highlighted in our summaries before, there is huge potential for KiwiSaver funds to provide a kickstart to the early-stage private equity markets in New Zealand. Symplicity, Milford Asset Management, and Booster have already made moves in this direction, making commitments of millions of dollars towards this asset class, although actual investments are still relatively few at this point in time. An article on Stuff interviews Sam Stubbs from Symplicity, who says that KiwiSaver and Superannuation funds could have the same type of impact that sovereign wealth funds had in Singapore. However, there are some changes in incentives and process that need to happen first.

Read more here:
https://www.stuff.co.nz/business/money/112047216/kiwisaver-could-turn-new-zealand-into-a-pacific-tiger-economy