How we manage investment

Transforming our investment offer and making it even stronger.

We always aim to help our clients achieve their financial goals, which is why we’ve recently made some changes and will be appointing global leading investment manager BlackRock Investment Management as our key index investment manager.

While the change applies to all AMP investment products, this is one of the biggest changes to our AMP KiwiSaver Scheme since KiwiSaver started in 2007, and we’re excited about all the extra potential benefits for our clients as we help them reach their financial goals.

Global expertise to help our clients

BlackRock is the largest asset manager in the world by assets under management. We’ll be able to draw on BlackRock’s expertise and global insights with the aim to deliver better performance and returns. 

Our investment approach

Through BlackRock we will invest mainly using an index tracking style, to target improved outcomes for our clients.  Index investing attempts to generate returns similar to selected markets, which are represented by ‘indexes’.  For example, the NZX50, the Dow Jones Industrial Index and the S&P500 are examples of indexes that you may have heard of.

Read more about index investing.

As part of the changes we’ll look to reprice our AMP KiwiSaver Scheme funds and we expect some of our fees to decrease. We will provide more details around fee changes before we complete the transition to BlackRock, which is expected to happen before the middle of 2021. 

Making a positive difference for our planet

As with our current investment management approach, we will not invest AMP-named funds in companies that are involved in the manufacture of cluster munitions, anti-personnel mines, chemical weapons, nuclear explosive devices, civilian firearm stocks or tobacco. 

In some instances, it is illegal to hold investments in these types of companies. In other instances, we have excluded certain investments because they do not align with the beliefs of the majority of our clients. 

The changes we’re making aim to focus even more on helping to reduce the impacts of climate change through our investment decisions. 

This approach reflects the views of an increasing number of New Zealanders who want to balance investment returns with doing the right thing for our environment and future generations.

We’re here to help

For more information, please contact us or speak with your Adviser.