Milford profit soars
$12m dividend for parent company as profit grows 43%.
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Hawke’s Bay
As fund manager Milford moves to change its performance fee structure, accounts filed this week show a 30% increase in fee income for the firm in the year to March.
Net profit for Milford Funds grew a healthy 43% to $15 million for the year as income from management and performance fees reached
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Tim Hunter
Fri, 04 Sep 2015
Fri, 04 Sep 2015
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Milford profit soars
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