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Nikko launches fee-free philanthropic fund

Hopes to raise about $3m in first year to support Tearfund.

A fund manager and KiwiSaver provider is hoping to donate $50,000 a year to charity from a new philanthropic fund which looks to generate returns on peoples’ “idle capital”.

The New Zealand arm of Asian asset management giant Nikko has today launched the Freedom Fund, an actively managed

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Hamish McNicol Mon, 18 Oct 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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Nikko launches fee-free philanthropic fund
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