Fisher Funds buys Aon’s Kiwisaver scheme

Fisher Funds buys Aon’s Kiwisaver scheme
Aon customers will be shifted over to Fisher Funds from December (Photo: supplied)
Staff reporters
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 broker and risk management service which has tacked on retirement saving options through underlying managers ANZ Investments, Milford Asset Management, Nikko Asset Management, and Russell Investment Group.Fisher Funds bought the KiwiSaver and Master Trust divisions and will take on the management of another 21,000 members’ $1 billion...