Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


New Zealand Superannuation Fund Invests In Manuka Health

14 July 2014

New Zealand Superannuation Fund Invests In Manuka Health

The New Zealand Superannuation Fund (NZSF), via Waterman Capital, in May 2012 took a stake in natural health products company Manuka Health New Zealand Ltd.

Waterman Capital is a private equity investor contracted by NZSF – the New Zealand Government’s sovereign investment fund – to invest in New Zealand’s most promising companies. Watermans owns 20% of Manuka Health.

Kerry Paul, Manuka Health’s Chief Executive, said Waterman’s investment was a welcome acknowledgement of Manuka’s strong growth path.

“It’s great that New Zealanders, via this investment, will benefit from the development of this natural New Zealand resource.

“Manuka honey is unique in that it contains the compound methylglyoxal, which was identified by Professor Thomas Henle of the Technical University of Dresden in 2006,” Kerry said.

Methylglyoxal is widely recognised as the major antimicrobial compound responsible for the characteristic NPA [non-peroxide activity] in manuka honey. This was recently noted by Dr David Hoyland of Minerva Scientific in an article in the influential UK trade magazine The Grocer.

See our media release on The Grocer’s article here.

New Zealand’s Ministry for Primary Industries (MPI) recognises that methylglyoxal causes the non- peroxide activity of manuka honey and will shortly issue labelling guidelines.

See MPI’s document here.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Land & Water Forum: Fourth Report On Water Management

The Land and Water Forum (LWF) today published its fourth report, outlining 60 new consensus recommendations for how New Zealand should improve its management of fresh water and calling on the Government to urgently adopt all of its recommendations from earlier reports. More>>



Welcome Home: Record High Migration Stokes 41-Year High Population Growth

New Zealand annual net migration hit a new high in October as more people arrived from than departed for Australia for the first time in more than 20 years. More>>


Citizens' Advice Bureau: Report Shows Desperate Housing Situation Throughout NZ

CAB's in-depth analysis of over 2000 client enquiries about emergency accommodation shows vulnerable families, pregnant women and children living in cars and garages, even after seeking assistance from the Ministry of Social Development and Housing New Zealand. More>>


Speaking For The Bees: Greens Call For Neonicotinoid Pesticide Ban

The National Government should ban the use of controversial pesticides called neonicotinoids after evidence has revealed that even at low doses they cause harm to bee populations, the Green Party said today. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news