New Zealand has long welcomed billionaires looking for a bolt-hole in challenging times and is now extending that welcome to global investors as it seeks to convince them that it is a safe haven for their money in an era of greater volatility.
Some of the world’s largest investment funds, infrastructure funds and construction and engineering companies are descending on Auckland this week as it tries to open up its economy to foreign investment.
Brookfield Asset Management, the newly rebranded Aberdeen, the Bank of China and Macquarie will attend the two-day New Zealand Infrastructure Investment Summit to weigh up opportunities in a country that, by its own admission and the OECD’s, has long failed to welcome foreign investors.
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