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Kiwi Wealth revenue grew 15% before Fisher Funds acquisition

Fund manager paid $19m dividend to owners NZ Post, the Super Fund, and ACC.

Kiwi Wealth was in August sold to Fisher Funds for $310m.

Fund manager Kiwi Wealth grew revenue by 15% and increased its dividend to owners NZ Post, NZ Super Fund and ACC by more than $3 million to $19m shortly before it was acquired, its latest financial statements say.

Kiwi Wealth, a former sister company of Kiwibank and the operator of a default

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Hamish McNicol Wed, 07 Sep 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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Kiwi Wealth revenue grew 15% before Fisher Funds acquisition
General Business,
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