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Fewer than one in four New Zealanders are confident in their knowledge of KiwiSaver, a sign that the industry could do better, one bank economist says. ASB has released its latest KiwiSaver survey, which showed it was the second most common investment for New Zealanders, behind bank accounts. But only 24% of respondents felt they […]

Kiwi Wealth has developed its own index fund, which it says will allow its KiwiSaver scheme to have more flexibility to generate better returns, improve tax efficiency and address responsible investment concerns. All of the Kiwi Wealth KiwiSaver Scheme’s funds are now using a new fund designed, built and directed by the in-house investment management […]

Growth KiwiSaver funds performed strongly again in the June quarter, Morningstar’s latest research shows. The research house has released its latest KiwiSaver survey. “We continue to have an equity-friendly market environment with local and global equity markets posting solid returns this quarter. Fixed income assets also had reasonable performance,” Morningstar director of manager research ratings, […]

Performance fees have helped to lift the fee revenue claimed by fund managers Milford and Fisher Funds. Companies Office figures show Milford reported fee revenue of $46.5 million for the year to March. That is up 21% on the previous year. Of that, $35.1m was management fees and $11.4m performance fees. Milford has near $4 […]