QuayStreet and Generate prominent in Morningstar’s latest KiwiSaver results
KiwiSaver assets increased, owing significantly to market movements, to end the March quarter at $108.6 billion, up $4 billion from the end of last year.
The overall tone for the quarter was cautious optimism, while inflation was a concern, global growth prospects improved, and global equity markets delivered strong returns, particularly for unhedged holdings due to the weaker NZ dollar, says Morningstar director global fund data Greg Bunkall.
The five biggest providers, ANZ, Fisher, ASB, Milford and AMP accounted for 68% of assets and 69% of the $849m ...MORE»
NZ sharemarket down slightlyTuesday, May 7th, 6:30PM
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Nikko relaunches its KiwiSaver propositionTuesday, May 7th, 10:00AM
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ANZ exits wholesale funds management
ANZ Investments to exit Wholesale business and focus on better outcomes for everyday Kiwi investors
ANZ Investments says itwill exit its Wholesale business to focus on customers with investments in KiwiSaver, managed funds, and ANZ Private.
Managing Director of ANZ Funds Management Fiona Mackenzie said: “As KiwiSaver has continued to grow and become a far more significant part of our business, we have decided now is the time to focus our efforts on those investors.
“ANZ Investments ...MORE»
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QuayStreet and Generate prominent in Morningstar’s latest KiwiSaver results
KiwiSaver assets increased, owing significantly to market movements, to end the March quarter at $108.6 billion, up $4 billion from the end of last year. MORE»
