Mercer KiwiSaver funds dip into private debt investing

Mercer KiwiSaver funds dip into private debt investing
Mercer NZ chief investment officer Padraig Brown. (Image: Mercer)
Greg Hurrell
Most of Mercer New Zealand’s KiwiSaver customers are now investment pioneers, with a small part of their portfolio allocated to private debt.Mercer NZ’s chief investment officer, Padraig Brown, has championed KiwiSaver investing in private companies, arguing that providers need more options to generate returns as the scheme's total assets grow. Now, private debt is being added to the mix. Brown said this sector was growing at least partly in response to the banking retreat.Brown said private debt investment was through...

More Markets

The retirement sector pays the piper
Property Analysis

The retirement sector pays the piper

Measuring retirement sector profitability is a tangle. Investors want clarity. 

NZ sharemarket dips despite strong US, Australian gains
Markets Market Close

NZ sharemarket dips despite strong US, Australian gains

The S&P/NZX 50 Index closed down 25 points or 0.19%.

Jamie Gray 18 Jul 2025
Livestock Improvement Corp posts strong profit but warns of FY26 one-offs
Primary Sector

Livestock Improvement Corp posts strong profit but warns of FY26 one-offs

Dairy genetics company Livestock Improvement Corporation (LIC) posted a stronger result for the 12 months to May 31, but warned the current financial year would be impacted by one-offs.LIC booked a full-year after-tax profit of $30.6 million for the 12 months to May 31, up from $...

Staff reporters 18 Jul 2025
Warehouse reshuffles exec team
Retail

Warehouse reshuffles exec team

The Warehouse Group has reshuffled its executive team ahead of its leadership transition at the end of the month.On Friday, the retail group appointed Stefan Knight as chief financial officer. Knight will exit his role as financial director at Spark New Zealand and start on Aug 1...

Staff reporters 18 Jul 2025