Global economic wobbles and the share market downturn has wiped more than a billion dollars from the New Zealand fund management industry in the latest quarter.New figures from NZX-owned research house FundSource show total funds under management in the J
Niko Kloeten Tue, 10 Aug 2010
Global economic wobbles and the share market downturn has wiped more than a billion dollars from the New Zealand fund management industry in the latest quarter.
New figures from NZX-owned research house FundSource show total funds under management in the June quarter were $53.4 billion.