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"Were not going to suddenly revisit all of our companies and say we wont hold them in the portfolio because of the potential of an earthquake in Wellington, Christchurch or wherever else the next one might be."
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Carmel FisherCarmel Fisher
Carmel Fisher
Carmel Miringa Fisher is a New Zealand businesswoman and entrepreneur. In 1998, Carmel and Hugh Fisher founded investment fund company Fisher Funds. Over the next two decades, Fisher Funds grew from NZD $17 million to over $8 billion to become the fifth-largest New Zealand fund management company behind the major Australian banks, far outpacing industry growth. In 2017, Fisher sold 51% of Fisher F
"Were not going to suddenly revisit all of our companies and say we wont hold them in the portfolio because of the potential of an earthquake in Wellington, Christchurch or wherever else the next one might be."
"It will impact our economic growth because the countrys reserves will need to be used to rebuild Christchurch. That will have implications because New Zealand was already going to struggle to achieve the sorts of average growth levels that it has in previous decade. Its a bit of knock back."
"I think every member should look at fees, make sure theyre in the ball park. You dont necessarily have to go for the lowest fee or the highest if you want to go for the highest make sure their returns are signficantly higher than everybody else so you are getting a decent return for the fees. So look at the reasonableness of fees."