Generate KiwiSaver invests $14 Million Investment in Christchurch Community Housing
Generate KiwiSaver invests $14 Million Investment in Christchurch Community Housing Generate celebrated the completion of 35 new community homes in Christchurch, a milestone funded by their $14 million investment in this impactful project.
ANZ Investments Enters Partnership with BlackRock and Mercer.
ANZ Investments, New Zealand’s largest KiwiSaver provider and market leader with a managed funds portfolio of $19.7 billion, has embarked on a transformative journey by forming collaborative agreements with global financial powerhouses Mercer and BlackRock. These strategic partnerships underscore ANZ’s commitment to enhancing customer value, signalling a significant shift in a competitive strategy to reaffirm […]
KiwiSaver Investments Inch Closer to Milestone of Hundred Billion
KiwiSaver, New Zealand’s widely recognised retirement saving scheme, stands on the cusp of a momentous financial achievement as it grows closer to the threshold of $100 billion of invested funds. The impending milestone highlights the scheme’s soaring success. It solidifies its position as a cornerstone of retirement planning for New Zealanders looking to grow their […]
ANZ Unveils New High Growth KiwiSaver Fund with Potential for Strong Returns
In a move that aims to cater to investors seeking higher returns, ANZ has announced the launch of a new High-Growth KiwiSaver fund. The bank’s decision comes as it recognizes the growing demand for investment opportunities that offer the potential for substantial long-term gains. ANZ’s new High-Growth KiwiSaver fund option is designed to provide investors […]
KiwiSaver gender gap – What does it entail?
The gender gap in KiwiSaver is becoming a major concern, and recent research by the Retirement Commission has revealed some troubling findings. According to the study, men, on average, have a KiwiSaver balance that is $9,352 higher than women, which is a significant 25% difference. This raises questions about gender equality in investing and highlights […]
Gen Z poised for great long-term investment future, research shows
In a study conducted by ANZ Investments, young adults have emerged as the trailblazers in actively managing their KiwiSaver accounts over the past year. The Managing Director of ANZ Investments shared, “Gen Z are investors; they understand this is about growing their wealth, and they’ve started early, many are regularly contributing to a KiwiSaver account, […]
Simplicity KiwiSaver Launches Two New Funds including an Aggressive fund
Simplicity KiwiSaver Scheme has announced the launch of two new funds. The company is known for offering low-cost investment options and is now expanding its portfolio with the introduction of seven new funds. The two new KiwiSaver funds are the KiwiSaver High Growth Fund and the KiwiSaver Defensive Fund. Both funds will charge a total […]
Are actively managed KiwiSaver funds better than passive? A different perspective
Are actively managed KiwiSaver funds better than passive? A different perspective On October 28, 2022, Sixth Street Management and BGH Capital agreed to purchase the remaining 79.7% stake in Pushpay Holding Limited from existing shareholders for approximately $1.5 billion. However, on February 22, 2023, ACC, ANZ, Amova Asset Management, and Fisher Funds, which held around […]
Silicon Valley Bank Collapse – The Ripple Effects On KiwiSaver
Quickly labeled as the biggest failure since the Global Financial Crisis (GFC), US regulators rushed to seize the assets of Silicon Valley Bank (SVB) late last week.Â
Change is a constant in KiwiSaver providers
KiwiSaver scheme Kiwi Wealth braces for a restructure as new owners Fisher Funds look to integrate leadership teams. Restructuring has become a fairly common term in business talk, and the KiwiSaver industry is no outlier.