Fisher fades as Mercer mounts late retail run in 2016

Monday 24 Apr 17 8:11am
InvestmentNewsNZ: Mercer struck form in the December quarter after growing NZ retail funds under management (FUM) by almost 11 per cent, more than double the rate of its nearest competitor, new data from Australian research firm Strategic Insight (SI) shows.

The performance saw Mercer grow retail FUM by about $500 million over the three-month period, closing out the year with almost $5.2 billion under management while increasing market share to 6.5 per cent compared to 5.9 per cent as at September 30, 2016. More>

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