The country’s largest independent KiwiSaver fund manager has earmarked $1 billion for investments in private equity in the medium term.
Fisher Funds is adding private equity investments to four of its KiwiSaver schemes with the aim of increasing long-term returns by an extra 0.5%.
The firm, which is the country’s third-largest KiwiSaver fund manager and largest independent one, plans to invest more than $1 billion over the next
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