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New Zealand FMA to set up directorate of investment management

Chris Hamblin, Editor, London, 27 August 2020

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The Financial Markets Authority of New Zealand has strengthened its executive team, recruiting Paul Gregory to take on the newly created role of Director of Investment Management in early November.

Gregory works at PIE Funds as the Chief Operating Officer but has worked for the FMA before. He was previously the FMA’s Director of External Communications and Investor Capability (2015-17) and the manager of the Portfolio Intelligence function at the New Zealand Super Fund. He will "lead the FMA’s strategic focus on and regulation of the retail investment management sector," according to the FMA's website.

Rob Everett, the FMA's Chief Executive, believes the sector to be very important and has selected Gregory because he "has been living and breathing retail funds management in his prior role and [has a] passion for getting the best investor outcomes from fund managers.”

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