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Kernel losses mount with growth but break-even is on the horizon

Monday 21st of August 2023

Chief executive Dean Anderson says the losses represent the investment his company has been putting into its platform and that break even point should come some time next year.

Kernel is delivering on its “multi-year road map” and much of the investment has been into technology, Anderson says.

The fund manager, which offers passive indexed funds and launched its Kiwi...

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