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NZX acquires ASB corporate super for $25m

The ASB Superannuation Master Trust has $1.8b in FUM and 17,500 members.

The NZX’s funds management business, Smartshares, has acquired a $1.8 billion superannuation scheme from ASB for $25 million.

The deal, announced today, is for the ASB Superannuation Master Trust and includes more than 17,500 members from across more than 100 employer groups.

The NZX will

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Hamish McNicol Thu, 11 Nov 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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NZX acquires ASB corporate super for $25m
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