New Zealand’s boutique funds managers are set to benefit from the growth of KiwiSaver, even if they do not operate funds themselves.
Many big providers are outsourcing parts of their KiwiSaver products, such as stock selection, to smaller operators.
AMP announced this month that it was to outsource its New Zealand equity management to a third party. Big banks, such as ASB, also have aspects of their KiwiSaver investments managed externally.
Stephen Bennie, of Castle Point Funds, said it meant the country’s boutique managers were not shut out from the KiwiSaver flow of investment...MORE»
Friday, January 23rd, 6:00AM
KiwiSaver investors are being told it’s better to focus on finding the right fund for their risk profile than to chase managers based on past performance.MORE»
Wednesday, January 21st, 6:00AM
KiwiSaver members in default schemes may have missed out on as much as $200 million in performance returns over the past 12 months because they are not in the right scheme.MORE»
There are calls for advisers to be more proactive about encouraging KiwiSaver members to seek advice.MORE»
A strong local bias in KiwiSaver and non-KiwiSaver investments is leaving New Zealand investors vulnerable in the event of an economic crisis, one fund manager says.MORE»
A lower Kiwi dollar may make KiwiSaver funds invested internationally look more appealing.MORE»
There’s a suggestion New Zealand KiwiSaver schemes could face a fee crackdown similar to that being suggested in Australia.MORE»
Women are feeling less confident about reaching their retirement savings goals, according to ANZ’s latest retirement savings survey.MORE»