Fisher Funds buys Kiwi Wealth, but is more always better?

Fisher Funds buys Kiwi Wealth, but is more always better?
Fisher Funds should end up with more than $20 billion under management after absorbing Kiwi Wealth. (Image: Kiwi Wealth)
David Chaplin
Fisher Funds takes formal control of the Kiwi Wealth empire this week, almost a year after the government decided to flog off the investment business.Depending on market conditions on the day and client attrition, Fisher should end up with more than $20 billion under management after absorbing Kiwi Wealth, putting the Takapuna-based firm on almost equal footing with the ASB investment business.The highly acquisitive Fisher, which also snapped up the Aon KiwiSaver and employer super scheme last November for $32 million, spent $310m to bag Kiwi W...

More Opinion

Search and rescue: Google given a lifeline
Opinion

Peter Griffin: Search and rescue: Google given a lifeline

The digital economy deserves more than ceremonial change.

Regulators take on tokens
Opinion

David Chaplin: Regulators take on tokens

A full-blown token-ocalypse might not be nigh, but skirmishes are abundant.

David Chaplin 09 Sep 2025
The great inflation moderation
Economy

Cameron Bagrie: The great inflation moderation

There is always a cost associated with inflation.

Cameron Bagrie 09 Sep 2025
NZ investors need to consider jumping the Ditch
Opinion

Mike Taylor: NZ investors need to consider jumping the Ditch

The Australian share market offers size, diversity and growth potential.

Mike Taylor 08 Sep 2025