News

BT takes over Westpac money

Wednesday 24th of December 2003
Westpac has appointed BT Funds Management as the manager of its over $1 billion in unit trusts and retirement plan portfolios.

The move brings BT’s total funds under management to over $3.5 billion, making the group becoming one of the largest fund managers in New Zealand.

Westpac’s chief executive officer, Ann Sherry, said the appointment confirmed the importance of BT’s role within the Wes...

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