Fee revenue rises for fund managers Fisher and Milford
$37 million paid in dividends to owners in year to March.
Tim Hunter Tue, 01 Aug 2017
Fund managers Milford Funds and Fisher Funds have reported rising fee revenue as KiwiSaver assets continued to grow, reports just filed to the Companies Office show.
For the year to March, Milford said its fee revenue was $46.5 million, up 21% on the previous year.
Of that, $35.1 million was
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