Fund manager Fisher Funds has bought Aon New Zealand’s KiwiSaver business, adding a billion dollars to its funds under management, although the price isn't being disclosed. Aon is an insurance bro
Estate planning and investment firm Perpetual Guardian Group has acquired Castle Point Funds Management for an undisclosed sum to expand its retail market presence. Signed Tuesday, the acquisition of.
By Paul McBeth Nov. 2 (BusinessDesk) - The board of Fisher Funds Management doesn't have any preconceived ideas about a potential replacement for managing director Carmel Fisher, who's signaled her de
An Australian fascination with Fisher Funds Business journalism, as practised in Australia, is different from New Zealand. Just like Aussie politics, the scene is bigger and more rambunctious, and a l
This year is shaping up to be the worst ever for bonds, and US stocks' year-to-date performance ranks as the third worst, according to Fisher Funds' chief investment officer, Ashley Gardyne. But histo
Welcome to My Net Worth, our regular column on the lives and motivations of our country’s top business and political people, in their own words. Bruce McLachlan became chief executive of Fisher Fund
By Jonathan Underhill March 5 (BusinessDesk) - John Wells has retired as chair of Fisher Funds Management after 18 years on its board to focus on his role as chair of CBL Corp, which appointed volunt
Fisher Funds Management has a “darkest before dawn” message for its clients that share markets are likely to recover strongly. Its chief investment officer, Ashley Gardyne, said in a newsletter to
Fisher Funds senior portfolio manager Ashley Gardyne has taken over the role of chief investment officer from Frank Jasper who has decided to step down. Gardyne has been with the specialist investment
Fisher Funds has been given a green light from the Overseas Investment Office to buy Kiwi Wealth. The deal needed to clear foreign investment approval because Fisher Funds is 34% owned by US-based T
The Financial Markets Authority had scrutinised Fisher Funds' performance fees throughout 2022 and “invited” it to review its model, documents released under the Official Information Act show. Fis
Former John Key era commerce minister and TVNZ chief executive Simon Power will take the helm at KiwiSaver provider Fisher Funds following the announcement that Bruce McLachlan will retire next Februa
A judgment is expected to be delivered on Thursday. The S&P/NZX 50 index declined 122.94 points or 1.03% to 11,759.15....
Fisher Funds is removing performance fees across all its KiwiSaver and managed funds’ multi-asset portfolios. In a note to clients, Fisher Funds said it was looking to leverage the scale from last y
Kiwi Group Holdings has announced Fisher Funds will purchase Kiwi Wealth for $310 million, as reported by BusinessDesk earlier this month. Chair of the crown-owned holding company, Paula Rebstock, s
Fisher Funds Management almost doubled its profit and increased its dividend by 65% in a bumper year for the company. In the 12 months to March 31, 2022, net profit rose by 88.7% from $49.7 million t
Fisher Funds plans to retain Kiwi Wealth’s KiwiSaver scheme and many of its Wellington-based staff once the acquisition is complete. On Monday, Kiwi Group Holdings announced Fisher Funds had agreed
By Edwin Mitson Aug. 4 (BusinessDesk) - Fisher Funds Management, which manages $6.9 billion on behalf of more than 250,000 investors, almost doubled the dividend paid to its owners in the last financi
By Jonathan Underhill Oct. 14 (BusinessDesk) - Fisher Funds Management lifted funds under management by 10 percent to $6.6 billion in 2015, helping underpin earnings in a year when investment returns
By Paul McBeth June 20 (BusinessDesk) - Listed investment entity Kingfish's manager Fisher Funds Management likens Infratil's planned Vodafone New Zealand purchase to its successful foray into the ret
Vista’s second-largest shareholder, Fisher Funds, will vote against its largest shareholder, Potentia Capital, and its attempts to gain seats on Vista’s board. In a notice to the New Zealand Exc
By Paul McBeth Nov. 1 (BusinessDesk) - Fisher Funds Management has kicked off a worldwide search to replace founder Carmel Fisher, who wants to step back from a full-time management role to spend more
The two-thirds owner of Fisher Funds, Taranaki-based Toi Foundation, has scotched a report in Australian media that it is seeking to quit its holding in the newly beefed-up KiwiSaver provider and fund
The Overseas Investment Office considered an unsolicited objection to the sale of Kiwi Wealth to Fisher Funds, records obtained under the Official Information Act show. Fisher Funds’ deal to purch
Bernard Whimp made a lot of money out of his low-ball offers a decade ago, and now he wants to use that cash to build a billion-dollar hedge fund. Whimp’s a contrarian and provocateur who’s quite
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