Avarua Tereora Stadium stadium for the Cook Islands national football team and the Cook Islands national rugby league team. Avarua Tereora Stadium The Tereora Stadium also known as the National Stadium is a multi-purpose stadium in Avarua, Cook Islands. It is currently used mostly for rugby and football matches. The stadium holds 5,000 people and was originally built in 1984/85. The stadium was upgraded in early 1986 so it could host both the 1986 Pacific Games and the rugby league 1986 Pacific Cup. The Stadium is managed by the National Stadium Trust Board made up of individuals from CISNOC, the Private Sector and
Capital Group Companies clients and individual investors globally. In 1931, Jonathan Bell Lovelace founded the investment firm, Lovelace, Dennis & Renfrew, which would eventually become Capital Group. Lovelace had previously been a partner in the stock brokerage firm E.E. MacCrone, where he explored the concept of developing an open-end mutual fund. He eventually sold his stake in that company, just prior to the Wall Street Crash of 1929. In 1933, Lovelace’s firm took over management of The Investment Company of America, which he had launched at E.E. MacCrone in 1927. For the next 20 years, his firm enjoyed modest success. As mutual funds