Loading...

Iwi investment in 2021

Iwi investment 2021

Our seventh annual Iwi Investment Report reviewed a strong year for iwi. The iwi covered in this report are: Ngāi Tahu, Ngāpuhi, Ngāti Awa, Ngāti Pāhauwera, Ngati Porou, Ngāti Whātua Ōrākei, Raukawa, Tūhoe and Waikato-Tainui. These nine iwi now have combined assets of approximately $6.3 billion.

Of these iwi:

  • six outperformed our 2021 benchmark of 9.4%, with Ngāti Whātua Ōrākei achieving the highest return of 18.8% on the back of a strong Auckland property market;
  • Ngāti Pāhauwera equaled the benchmark return; and
  • Ngāpuhi (7.9%) and Ngati Porou (9.1%) reported returns that were somewhat below the benchmark.

Although operational income for the nine iwi generally increased in 2021, the strong returns were largely driven by unrealised gains on property and financial assets. Many of the iwi have continued to either diversify their asset base through direct investments in new sectors (such as horticulture) and investments in managed funds, or have developed new investment opportunities in sectors where they already have a presence, as they look to improve returns and manage risks into the future. Find out the story for each iwi in the 2021 Iwi Investment Report linked (right).

Back to TDB’s Latest

Reports

Media

View or sign up for The TDB Digest

2022-03-05T02:01:00+00:00February 2nd, 2022|Investment Strategy, Maori Economy|Comments Off on Iwi investment in 2021