Tons of funds
New FMA CEO Samantha Barrass is looking into unregulated wholesale funds. (Image: FMA)
David Chaplin
New data from the US industry body, the Investment Company Institute, shows a global managed fund market in rude health.According to the ICI data, the amount of money mooching around in regulated funds around the world tipped above US$71 trillion in 2021, growing just over US$7t in the latest calendar year alone and more than doubling over a10-year period.Much of the growth last decade was down to generally compliant markets, but over the same period “worldwide demand for regulated funds as measured by net sales – total sales, minus...

More Law & Regulation

Foodstuffs NI warned by ComCom over supplier treatment
Retail

Foodstuffs NI warned by ComCom over supplier treatment

It obstructed a supplier request, says Grocery Commissioner.

Vector faces fresh complaint on unfair contract terms
Property

Vector faces fresh complaint on unfair contract terms

Vector faces more scrutiny over contract terms after Commerce Commission advice.

Vector ‘on notice’ for unfair contract terms; complainant now facing higher costs
Property

Vector ‘on notice’ for unfair contract terms; complainant now facing higher costs

A developer’s Fair Trading win against Vector feels like a loss.

Garth Bray 01 Jul 2025