Salt Funds wins mandate for AMP Capital's $690M active NZ equity funds

Wed, 18 Mar 2015

By Jonathan Underhill March 19 (BusinessDesk) - Salt Funds Management, the boutique investment manager set up by its principals about two years ago, has won the mandate to manage AMP Capital's active New Zealand equity funds, adding about $690 million to its funds under management based on where they stood at the end of February. Auckland-based Salt won out from a shortlist of active equity managers following extensive due diligence, AMP Capital head of distribution George Carter said in a statement. The mandate was awarded after AMP Capi...

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