Limerick-born ‘titan’ of New Zealand investment industry dies & More News Here

Brian Gaynor, the Irishman who carved a reputation for himself as an traders’ champion in New Zealand, died on the weekend aged 74.

Originally from Limerick, Mr Gaynor based Milford Asset Management in 2003 after serving on the board of the New Zealand Superannuation Fund, a sovereign wealth supervisor.

Milford manages belongings value greater than €9 billion and is a number one supplier of providers to the Kiwisaver auto-enrolment office pension scheme in New Zeland. The firm employs 170 employees and has 80,000 purchasers throughout New Zealand and Australia.

Mr Gaynor arrived in New Zealand within the Eighties and, as reported in native media, landed in investment accidentally after arriving within the nation “with a rucksack on my back” and working out of cash. He started working with dealer Daysh, Renouf & Co.

He later labored as a accomplice and head of analysis at main New Zealand investment adviserJarden, was a member of the nation’s inventory alternate, and chaired each the New Zealand Society of Investment Analysts and the Asian Securities Analysts Council.

He served as an adviser to former Labour Party prime minister, David Lange, within the late Eighties. He lived within the nation’s greatest metropolis, Auckland.

New Zealanders finest knew Mr Gaynor as a columnist for the NZ Herald newspaper and later for BusinessDesk, a wire service by which he was an investor.

Tributes from former enterprise and media colleagues all highlighted his advocacy for the rights of small traders and for sturdy inventory alternate regulation.

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His columns commonly took contrarian positions, warning in opposition to the sale of key nationwide New Zealand belongings to abroad pursuits unlikely to prioritise his adopted nation’s pursuits.

New Zealand Stock Exchange (NZX) chairman James Miller known as Mr Gaynor a “titan” of the nation’s capital markets. “Brian would be one of most influential people in the 150-year history of New Zealand’s capital markets and the NZX,” he stated.

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