New Zealand Retail Managed Funds declined slightly by NZ$0.7bn in March 2025 Quarter

Retail Managed Funds at the end of March totalled NZ$222.8bn up 13.3% over the past year due to a combination of positive net fund flows and investment earnings with a number of large and mid-sized companies reporting double digit percentage growth including market leader ASB (12.3%), Milford (24.9%), Mercer (10.4%), FirstCape (15.3%) and Simplicity (20.8%).

Despite decreasing 4.6% in the March quarter, year on year reported annual Inflows still jumped 31.6% to total NZ$53.0bn. While Milford (64.5%), FundRock (61.9%), Generate (58.1%), Simplicity (43.1%), ASB (31.2%), FirstCape (27.6%) and BT / Westpac (20.8%) all reported large jumps in their Inflows, those of NZX/Smartshares (-14.3%) and ANZ (-12.6%) fell.

Source: Plan For Life

Download Media Release: PFL Media Release - New Zealand Mar25