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Fundie financials: Milford grows despite performance fee fall

Pie Funds, Devon and Nikko AM round out mixed bag of financial results.

Most fund managers are reporting top-line growth.

Fund manager Milford Funds has reported another year of strong top line growth despite a sharp drop in performance fee income.

Meanwhile, it has been a mixed bag for several other fund managers, with Nikko Asset Management’s New Zealand arm slumping to a loss.

Milford’s financial statements for

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Fundie financials: Milford grows despite performance fee fall
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