Auckland Future Fund

Auckland Mayor Wayne Brown has proposed establishing a regional wealth fund, the Auckland Future Fund, to manage some of the city’s assets. There are details to be worked through, but on face value we believe the idea has merit. No doubt some will say “of course Forsyth Barr is a supporter, they’re an investment firm”. And our response: “who would think that a fund that grows the city’s wealth over the long-term, diversifies the city’s assets, and provides benefits to Auckland and Aucklanders isn’t a good idea?”