{"id":504707,"date":"2026-02-26T06:14:08","date_gmt":"2026-02-26T06:14:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/504707\/"},"modified":"2026-02-26T06:14:08","modified_gmt":"2026-02-26T06:14:08","slug":"perpetual-guardian-purchases-trustees-executors-for-undisclosed-sum","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/504707\/","title":{"rendered":"Perpetual Guardian purchases Trustees Executors for undisclosed sum"},"content":{"rendered":"

\"Andrew<\/p>\n

\nAndrew Barnes, Perpetual Guardian founder.
\nPhoto: Supplied\n<\/p>\n

Estate planning, trust and investment manager Perpetual Guardian Group is stepping back into the corporate supervision market with the purchase of Trustees Executors Limited for an undisclosed sum.<\/p>\n

The companies are the oldest trustee institutions in the New Zealand, with histories stretching back more than 140 years.<\/p>\n

Perpetual Guardian Group provides estate planning and investment services, and looks after over 125,000 client relationships, with $2.8 billion in funds under management, and $8b in total assets under management.<\/p>\n

Trustees Executors supervises more than $200b worth of KiwiSaver, managed funds and other investment products.<\/p>\n

It is the appointed supervisor for a wide range of investment managers and listed entities, including Milford Asset Management funds, Fisher Funds schemes, Midlands Funds, and the NZX\u2011listed Vital Healthcare Property Trust.<\/p>\n

Perpetual Guardian previously exited the supervision sector in 2021, but said the acquisition will make it the country’s largest provider of fiduciary services.<\/p>\n

Fiduciary services make sure that fund managers follow the rules, protect investors’ money, report accurately, and run their fund the way they promised.<\/p>\n

Perpetual Guardian said it has notified the Financial Markets Authority of the sale.<\/p>\n

Sign up for Ng\u0101 Pitopito K\u014drero<\/a>, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.<\/p>\n","protected":false},"excerpt":{"rendered":"Andrew Barnes, Perpetual Guardian founder. Photo: Supplied Estate planning, trust and investment manager Perpetual Guardian Group is stepping…\n","protected":false},"author":2,"featured_media":504708,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,1590,63,99,1589,186,44,184,185,1591,1588,1586,1587],"class_list":{"0":"post-504707","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-au","9":"tag-audio","10":"tag-australia","11":"tag-business","12":"tag-current-affairs","13":"tag-finance","14":"tag-news","15":"tag-personal-finance","16":"tag-personalfinance","17":"tag-podcasts","18":"tag-public-radio","19":"tag-radio-new-zealand","20":"tag-rnz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/504707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=504707"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/504707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/504708"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=504707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=504707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=504707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}