FundRock NZ Limited ("FundRock NZ") is licensed as a “manager of a registered scheme” under New Zealand’s Financial Market Conduct Act 2013 (FMC Act).
This enables us, through our Fund Hosting business, to issue and manage funds in NZ for:
- offshore investment managers who want to offer PIE-compliant funds to NZ investors, but don’t want to go through the licensing process themselves; and
- domestic investment managers who want to outsource the issuing and managing of their funds, so they can concentrate on investment management and distribution activities; and
- adviser and family office groups who want to create bespoke investment fund solutions as part of their investment proposition or to create economies of scale; and
- wholesale investors like superannuation schemes and tax exempt groups who want to create economies of scale and better portfolio outcomes by using funds to aggregate their investments with other like-minded investors