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Massey investment club raises funds for charity

Thursday 18 October 2012, 2:54PM

By Massey University

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Massey University’s student investment club is fundraising for the Mental Health Foundation with a public lecture on the growing inter-dependence of the private and public sectors.

The event, which takes place at the university’s Albany campus on October 23, will see two guest speakers present different perspectives on the issue.

AMP Capital’s chief economist Bevan Graham will discuss “the new normal” – how some of the world’s central banks are using quantitative easing to inject cash into their economies, and how this may affect New Zealand.

Then Auckland Council treasurer Mark Butcher will outline the Auckland region’s future infrastructure needs, and how the council will fund those projects.

Massey Investment Club president Lee Ferguson says the speakers will offer contrasting perspectives and give valuable insights into the future direction of both Auckland and New Zealand.

“We wanted to get both the macro and micro view of our economy going forward, and saw this as the best way to achieve that,” he says. “Also, the growing inter-dependence of the public and private sectors seems to be a worldwide trend, with the AMI bailout and the partial sale of state-owned assets being just a couple of local examples.”

Mr Ferguson, who is in his third year of a Bachelor of Business Studies at Massey, says the investment club was keen to use its end-of-year event as a charity fundraiser.

“We want to do our bit to encourage the trend of corporate social responsibility within the financial industry,” he says. “Hopefully it will one day become the norm, which will benefit society as a whole.”

The Massey Investment Club’s annual lecture is also an opportunity for members to network and hear from some of New Zealand’s premier financial authorities. Previous guest speakers include Carmel Fisher, managing director of Fisher Funds; Paul Hocking, executive director INFINZ; and Simon Botherway, former general manager of investment at ANZ Wealth.

Event details:
Date: October 23 at 6pm
Venue: Sir Neal Waters Building, Albany campus, Massey University
Cost: Gold coin donation to support the Mental Health Foundation of New Zealand

Donations can also be made to the Mental Health Foundation via their website at: http://www.mentalhealth.org.nz/page/89-donations