Big deal: getting ahead in global funds management

Wed, 18 Nov 2020

New Zealand is a rounding error in the global funds management calculation.The Thinking Ahead Institute, at least, has rounded NZ out of its latest computation of the world’s 500 largest asset managers, which is top and tailed by BlackRock (US$7.4 trillion) and Brazilian group SPX (US$9.6 billion), respectively.NZ should really get a mention with the US$16 billion manager (or 409th largest) Wellington-headquartered alternative asset firm Morrison, which TAI rounds-down as Australian. Probably, the NZ$30 billion plus ANZ Investme...

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