Boost for fixed interest fund

The NZ-domiciled Hunter Global Fixed Interest Fund has almost half a billion dollars under management less than six months after launching.

Tony Hildyard said the rapid take-up of the Global Fixed Interest Fund had been a surprise.

“We initially targeted $200 million as a minimum to make the fund viable, and thought perhaps there was demand in the current year for up to $300m.

“But we’ve been overwhelmed by the immediate investor support – both retail and institutional - for the fund, which validates our decision to create a quality global bond solution tailored explicitly for NZ clients.”