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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Record year for Milford Funds as performance fees rocket

Revenue roars ahead by 72%, delivering record profit for the fund manager.

Milford chief executive Mark Ryland.

NBR Staff Mon, 29 Jul 2024

A bumper year for performance fees has generated record revenue and profit for fund manager Milford Funds.

For the year to March Milford reported revenue of $271.3 million, up 72% from $157.6m a year earlier.

Management fee revenue was up 19% to $185.7m but the main contributor to the juiced numbers

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NBR Staff Mon, 29 Jul 2024
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Record year for Milford Funds as performance fees rocket
General Business,
105069
true