The investment philosophy of Southern Pastures is to:
- Deliver superior risk-adjusted returns by consistently applying best practice and the latest proven research to lift New Zealand pastoral dairy farms’ long-term sustainable performance; and
- Enhance compelling underlying farmland beta returns with pre and post farmgate alpha-driven strategies for out-performance
The practical application of the investment philosophy requires Southern Pastures to:
- Be best-practice industry leaders in dairy farming
- Be sustainable
- Maximise risk-adjusted returns
- Pro-actively seek to deliver alpha
Southern Pastures is the largest New Zealand domiciled and managed agricultural fund available to Institutional Investors. Southern Pastures’ focus is primarily on the dairy sector where New Zealand is the largest global cross-border trade participant.
Southern Pastures was founded by a group of like-minded, ethical Kiwis (New Zealanders) out of the desire to sustainably capitalise on future growth within the agricultural sector in New Zealand.
Southern Pastures is committed to responsible investments and is a signatory of the United Nations Principles of Responsible Investments (UNPRI) and the Farmland Principles (UNPRI Sub Group of Institutional Investors in Farmland). It is also the only organisation in New Zealand to have signed up to the Investor Statement on Antibiotic Stewardship.
With an innovative structure, relevant and optimum expertise mix and dedicated ethical pension fund Investors, Southern Pastures is seizing the opportunities offered by global megatrends in unison with superior farming practices. From New Zealand’s sublime pastures to our grass-fed livestock, Southern Pastures produces healthy dairy protein of the highest quality, whilst employing Kiwis and delivering discernible benefits to all stakeholders.
Conveniently headquartered in Auckland, the largest city in New Zealand, Southern Pastures leadership is never far from its farms. The North Island farms are three hours by car and the Southern farms are an hour’s flight allowing the farms to be regularly serviced by the directors. Auckland provides the ability for Southern Pastures to keep regular contact with other stakeholders.
In keeping with its own best practices, Southern Pastures partners only with professional service providers who are amongst the best in their fields.
Southern Pastures is passionate about caring for New Zealand’s productive land and bio-diversity, and preserving it for future generations. Southern Pastures practices stringent animal welfare policies, including not participating in the live seafaring international export market.
As part of our commitment to human rights, Southern Pastures does not utilise any fertilisers sourced from Western Sahara.
Our value add is to use innovative practices to improve production through the application of research and development, capital, financial and agricultural sector expertise.
Meet Our Team
Ms. Lynette Maan grew up on a Kiwifruit and flower orchard in the Bay of Plenty. She has been involved with the Foundation Group (Foundation Securities (NZ) Limited and Foundation Capital Limited) since 2006 and with Southern Pastures since its inception in 2010. She has previously held marketing, banking, and administration roles with Prudential Assurance, McCaughan Dyson Capel Cure (NZ) Limited and Westpac in New Zealand, and with Bankers Trust in London. Lynette is responsible for corporate communications and for social responsibility, the “S” in Southern Pastures’ “ESG” policies.
Ms Maan is a Director of Maan Martin Capital Limited.
Mr. Hughes has a background in the banking sector having worked for a few domestic and global banks over the past 25 years, with roles most recently at Citibank and HSBC. Having started his career within retail banking his interest in the mathematics and economics of financial markets saw him quickly move to Treasury and Markets. Roles typically centred on the management of the Bank’s positioning in rates and currency markets including the management of interest rate risk, prudential and liquidity portfolios, as well as funding. He has a strong interest in economics and the mathematics behind market movements and products. Graham re-joined Southern Pastures having previously worked with the team several years ago. He has a Bachelor of Science from Auckland University majoring in Mathematics.
Mr. Booker grew up on a family dairy farm in Northland. He has both a Bachelor of Agriculture and Master of Applied Science degree from Lincoln University. Prior to returning to New Zealand in 2011, he worked for the Agriculture and Horticultural Development Board in the United Kingdom with the role of Market Analyst in the English red meat sector. After four years of managing a 400 cow Waikato dairy farm in equity partnership with family, James moved to Canterbury to manage a larger dairy unit in Ashburton. James completed the Kellogg Rural Leadership Programme with a focus on coaching and mentoring young people in agriculture. Alongside his hands-on farming career, James has had various community and committee roles, including director of New Zealand Young Farmers.
Mr Crawford grew up on a family Dairy farm in the central north island. Roger has a degree in Technology and further tertiary education in farming, accounting and finance. Rogers work experience includes 8 years self-employed dry stock farming, 14 years forest harvesting management and 8 years Dairy farm ownership/Directorship in the South Waikato region. He also has extensive experience of conversion of forest land to productive Dairy farms. Roger has in-depth hands-on experience and administration with Maori Land Trusts.
Mr. Strange was born and raised in Mid Canterbury. He completed a Bachelor of Science followed by a Postgraduate Diploma at Lincoln University, both majoring in Applied Biology. He spent 15 years (including five in the UK and Ireland) working in the financial services sector primarily in funds management. Upon returning to NZ, Mr Strange completed a Graduate Diploma in Business Studies (Massey University) and obtained Certified Financial Planner status providing investment advice to high net worth individuals. More recently he worked as an Agribusiness banker with Westpac. Jeremy’s role within Southern Pastures is to scope, price, then manage various capital improvement and development projects.
Mr Storey is a recognised leader in dairy farming New Zealand. He has had a distinguished career as a Director of some of New Zealand’s leading companies. Mr Storey has been the Chairman of New Zealand Diary Group and the New Zealand Dairy Board (the foundation companies of Fonterra). He is also a former Director of Bank of New Zealand (Chair of the Audit Committee), Chairman of Hamilton International Airport, Nufarm and Chairman of New Zealand Lumber Company. Mr Storey is currently a Director and Investment Committee Member of Pioneer Capital as well as a number of private companies including his own investment vehicle, Woodstock Investments. He is also a past President and Most Distinguished Fellow of the New Zealand Institute of Directors. The Storey Farming Group owns and operates seven dairy farms in the Waikato and Mr Storey is also an advisor to a number of Middle East and South American agricultural interests. Mr Storey was made an Officer of New Zealand Order of Merit for services to agriculture and commerce.