Aurora KiwiSaver targets private assets that support business growth

Aurora Capital, which has allocated 3% to private corporate debt for its KiwiSaver conservative and growth funds, is also interested in investing in startup companies. Sean Henaghan, chief investment officer with Christchurch-based Aurora, says a new mandate with Queenstown-based private credit manager Private Capital Group (PCG) is just the first cab off the rank when […]

QuayStreet and Generate prominent in Morningstar’s latest KiwiSaver results

KiwiSaver assets increased, owing significantly to market movements, to end the March quarter at $108.6 billion, up $4 billion from the end of last year. The overall tone for the quarter was cautious optimism, while inflation was a concern, global growth prospects improved, and global equity markets delivered strong returns, particularly for unhedged holdings due […]

Nikko relaunches its KiwiSaver proposition

Nikko has relaunched its GoalsGetter KiwiSaver proposition adding other managers’ funds and making improvements for advisers. Nikko’s GoalsGetter KiwiSaver Scheme now has a diversified mix of 18 high-calibre funds. It says these funds have been hand-picked by Nikko AM NZ’s experienced team from a range of leading fund managers and include funds from Milford, Harbour, […]

Best and worst KiwiSavers according to Consumer

Kiwi-owned providers have come out on top of Consumer’s annual KiwiSaver satisfaction survey. Simplicity has the most satisfied customers, while Australian-owned provider AMP the least, the survey has revealed. Simplicity, Generate and Milford had the most satisfied customers. Consumer CEO Jon Duffy, said each of these NZ-owned firms not only achieved Consumers people’s choice status […]