October 27, 2020
Whai Rawa boss does deep dive into settlement putea
A University of Canterbury business school graduate has received a Māori research grant to work on his PhD thesis about how Ngāi Tahu shares its settlement wealth.
David Tikao is also executive director of Te Rūnanga o Ngāi Tahu’s Whai Rawa superannuation scheme, which now holds over $100 million in funds for about 30,000 members.
He says he wants to find out how much of the settlement makes its way into the pockets of stakeholders and beneficiaries, and how good the iwi has been in creating an entity that holds the money but also transfers it to tribal members.
He is keen to hear from iwi stakeholders and beneficiaries about their perceptions of Ngāi Tahu and how it is distributing wealth.
He hopes his research will help other tribes that receive settlements to manage and distribute their resources effectively.
Over the past two decades the South Island iwi has turned a $170 million settlement into a $1.5 billion asset base through investments in property, tourism, seafood, shares and exchange-traded funds, while also spring to protect cultural assets.
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