New KiwiSaver Scheme offers more options to diversify investments
A new KiwiSaver scheme introduced by the fast-growing investment platform, InvestNow, provides more opportunity for investors to spread their KiwiSaver investments between multiple fund managers.
KiwiSaver providers to rehome billions of dollars as Vanguard moves to retail
Vanguard investment funds are passively managed, index-sampling funds which do not require active management from bankers or fund managers. Vanguard has around $6.2 trillion in global assets under management which makes them the second largest provider of exchange-traded funds (ETFs) in the world after BlackRock.
KiwiSaver Providers Investing in Local Tech Startups a Good Idea?
The Kiwi Wealth KiwiSaver Scheme has become part of a select group of KiwiSaver providers investing in private equity. It joins Booster, Milford Asset Management, Simplicity, and CareSaver in incorporating unlisted New Zealand entities into their portfolios.
AMP’s KiwiSaver and NZRT Undertakes Investment Management Review
AMP Wealth Management NZ – an investment company with $9 billion in its investment portfolio, is currently reviewing the investment management of its KiwiSaver and New Zealand Retirement Trust (NZRT) schemes. One of the options on the table was a shift to passive strategies. Some of the model portfolios in AMP Wealth NZ use Mercer […]
News: Reshuffle in Juno KiwiSaver Scheme operations
Juno KiwiSaver Scheme, owned by Pie Funds, has recently slimmed down its staff and operations. This comes after Pie Funds cut seven staff across the group and reshuffled several more after a review. The review started in December last year, with COVID-19 adding some complications to the process. The new Chief Operating Officer, Paul Gregory, […]