First NZ Capital Investment Management (FNZC) has decided to exit the KiwiSaver market and transfer its business to Fisher Funds. After securing approval from the government actuary FNZC is to transfer all scheme members into the Fisher Funds KiwiSaver Growth Fund. “Fisher Funds offers what we consider to be a well resourced and experienced investment […]
Monthly Archives: November 2010
‘Bumpy’ ride for KiwiSavers may not be over
The September quarter saw KiwiSaver funds rebound, with all types of funds producing positive returns as fears of a double-dip recession eased, according to the latest Mercer KiwiSaver survey. KiwiSaver returns received a boost as global share markets, which took a battering in the June quarter, bounced back. KiwiSaver growth funds – which have the […]