Booster under FMA’s eye as new funds launch
The regulator, already suing Booster over alleged FMC Act breaches, says it is watching closely to ensure governance standards are upheld.
Booster has launched a ‘Wealth Series’ of funds with exposure to unlisted assets.
As KiwiSaver provider Booster launches new investment funds with exposure to unlisted assets, the Financial Markets Authority says it has “increased engagement” with the fund manager, a defendant in legal action filed by the regulator last June.
Booster said on Monday it had launched a ‘Wealth
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