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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
1 mins to read

Milford Funds reports another bumper year

Double-digit gains in management and performance fee income.

Tim Hunter Thu, 30 Jul 2020

Fund manager Milford Funds has reported another year of significant fee income gain, despite the end of its financial year coinciding with the Covid-19 driven global sharemarket plunge.

Management fee income rose 31% to $73.5 million, while performance fee income rose 20% to $21.2m.

The gains

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Tim Hunter Thu, 30 Jul 2020
Contact the Writer: thunter@nbr.co.nz
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Milford Funds reports another bumper year
Investment,
84431
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