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Generate becomes one of the largest boutique KiwiSaver managers. Generate has cracked the $5 billion in funds under management (FUM) mark, making it one of the largest boutique KiwiSaver providers (outside of banks). That growth has been driven by strong long-term performance, award-winning customer service and its focus on educating and empowering Kiwis to make […]

Fisher Funds chalked up very sluggish growth in its KiwiSaver funds under management (FUM) through the first quarter of owning Kiwi Wealth but the wholesale side of its business is growing at double-digit rates. The latest MJW survey showed Fisher's wholesale FUM grew 14.6% to $18.36 billion between the September and December quarters of 2023. […]

KiwiSaver has finally hit a speed bump shrinking for the first time to end the September quarter at $96.2 billion. That’s down around $2 billion from June. This was entirely due to market movements and to be expected, says Morningstar data director of Asia-Pacific Greg Bunkall. “As a growing product, inflows have overshadowed outflow and […]

With an average balance of more than $120,000, KiwiWrap is way ahead of other KiwiSaver providers, although it has under 300 members. Melville Jessup Weaver’s KiwiSaver market review for the year to March 2023 revealed the top ten providers for average balance size, with only one major bank making the leaderboard. The Consilium-owned KiwiWrap KiwiSaver […]