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Fundie financials: performances fees fall $77m at Fisher

NZ Funds, Generate Investments and Devon Funds also reported financials this week.

Fisher Funds chief executive Bruce McLachlan.

Fund manager Fisher Funds has seen its revenue and profit fall sharply in the 2023 financial year, with the $77.1 million performance fee it booked in 2022 falling to nothing this year.

Other fund managers, meanwhile, including Devon Funds and NZ Funds, have also reported drops in revenue and

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Fundie financials: performances fees fall $77m at Fisher
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