Adviser-distributed Generate KiwiSaver grew its funds under management by just over a quarter in the three months to the end of June, a new survey shows.
Aon has released its KiwiSaver survey for the June quarter, which shows overall FUM increased by 4%, to $32.9 billion.
But Generate was a standout performer, with a 28.4% increase in FUM over the period. That takes it to 0.7% of the total KiwiSaver market – still the second-smallest provider.
Milford and BNZ followed with 7.8% increases.
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