Kernel Wealth
From the Kernel website: Kernel was born out of frustration with the inefficiencies, lack of innovation and low level of financial literacy holding back the New Zealand financial industry, and ultimately Kiwi’s financial futures. Throw in low interest rates along the way and savings accounts have stopped working as a way for Kiwis to grow their money.
Key Managers
Stephen Upton
Ownership
Majority owned by CEO Dean Anderson and Zino Angel Fund
Website
https://kernelwealth.co.nz/
KiwiSaver funds
Managed funds
NZ Super funds
Our Coverage
kernel fund goes green with esg index
Index fund provider Kernel Wealth is launching an ESG version of New Zealand’s benchmark top 50 index, alongside two other sustainable funds. The NZ 50 ESG Tilted is a newly-designed index which wil
fed probes morgan stanleys international wealth management practices
By Annamaria Andriotis Morgan Stanley’s wealth-management arm is being scrutinised by the Federal Reserve, which is looking into whether the bank has sufficient controls in place to prevent rich for
neglecting financial advice costs health and wealth
Financial advisers say not enough people are seeking their services despite evidence it makes them wealthier and happier. A Financial Services Council commissioned survey found only 18 percent of Kiwi
nzx in early stage talks with possible wealth technologies partners
NZX has confirmed it is considering selling a stake in its wealth technologies division to a strategic partner, after it was reported as being for sale by Investment News. The specialist news website.
the future of wealth management in new zealand
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the government considered but rejected wealth tax says chris hipkins
Prime minister Chris Hipkins has confirmed the government was examining whether it could implement a wealth tax in this year’s budget, but that he canned the idea. The confirmation came in a stateme
craigs becomes nzx wealth technologies first customer
By Jenny Ruth Nov. 16 (BusinessDesk) - Craigs Investment Partners has become NZX’s first external customer for a new wealth technologies platform which offers a combined registry, administration an
savings fall as property wealth balloons
* Correction: An earlier version of this story incorrectly interpreted quarterly household savings figures as cumulative. In fact they show the amount saved in each quarter, not the total level of sa
forsyth barr buys hobson wealth for undisclosed sum
Investment and research house Forsyth Barr has bought advisory firm Hobson Wealth for an undisclosed sum. The deal will take effect from Dec 11, creating a firm with more than 600 staff across 25 offi
kiwi wealth taps private equity market
Kiwi Wealth is investing $50 million in private equity as it seeks returns in the increasingly large part of the economy that is unwilling to list on the public market. The KiwiSaver provider has comm
the greatest wealth transfer in history
The greatest wealth transfer in history – from baby boomers to younger generations – has begun. This massive wealth transfer will have an enormous impact on investment trends, the financial sector
perpetual guardian buys trustees executors private wealth division
Perpetual Guardian Group has bought the private wealth division of Trustees Executors for an undisclosed sum. The deal will give the group a new set of high-wealth clients. The acquisition doesn’t i
wakeup call kiwi wealth hires goldman
Summary: Global investment banking giant Goldman Sachs is reported to be shopping Kiwi Wealth, the KiwiSaver funds manager founded by Gareth Morgan, around Australian funds management operations. Else
more kiwisaver please kernel dishes up another helping
KiwiSaver is putting on weight, chunking up to almost $100 billion on the latest scale reading. The upsized local savings market has attracted several hungry startup competitors over the last couple
hobson wealth denies report its for sale
An Australian media report that Auckland-based private wealth manager Hobson Wealth is looking for a buyer has met with a firm denial from the firm. “I can unequivocally and categorically deny that
amp wealth addresses flexi work wish
AMP Wealth Management will exit its offices in both Auckland and Wellington, but has quietly taken the 'for sale' sign off its New Zealand business. The wealth manager, which has about $6 billion in
zipped lips on rumoured hobson wealth sale
Forsyth Barr is sticking to a tight script around mounting speculation that the wealth management firm is the top bidder in the rumoured sale of Hobson Wealth. Hobson has more than $4 billion in asset
kiwi wealth officially on the market
Kiwi Group Holdings today confirmed it has hired Goldman Sachs to sell its fund management subsidiary, Kiwi Wealth. The fund manager is the country's fifth largest KiwiSaver provider and recently won.
aussie money eyes kiwi wealth
As flagged last month, the government-owned investment business, Kiwi Wealth, is now a location of interest for fund management shoppers. While rumours have been circulating for some time, this week t
nz post ponders kiwi wealth sale
Kiwi Group Holdings has enlisted Goldman Sachs to explore a possible sale of its fund management business Kiwi Wealth to free up some capital, BusinessDesk understands. One source, who declined to be.
wheres eric watsons wealth
Businessman Eric Watson may be in jail, but his wealth continues to evade former business partner Owen Glenn. At Watson’s sentencing last week, Glenn’s lawyer outlined how difficult tracing Watson
how to discourage wealth
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mpi blocks palm kernel carrying ship from nz over biosecurity risks
By Sophie Boot Oct. 18 (BusinessDesk) - A ship carrying 23,000 tonnes of palm kernel expeller (PKE) will not be allowed to unload its cargo in New Zealand, the Ministry for Primary Industries said.�
landcorp ditches palm kernel feed to boost environmental credentials
By Tina Morrison Aug. 8 (BusinessDesk) - Landcorp Farming, the state-owned farmer, will stop using palm kernel expeller on its farms in the current financial year to shore up its environmental sustai
singapores 316000 toyotas fuel angst over wealth gap
By Low De Wei, Yoojung Lee and Jinshan Hong, with assistance from Kevin Varley and Stephanie Phang For most of her life, Sabrina Vu had a car, even though you can’t drive far in her native Singapor
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*All returns are per annum, after fees and before taxes. Data updated at 1:07pm 21 November 2024 (NZT)
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