BT Funds Management (NZ) Limited

The Westpac KiwiSaver Scheme is managed by BT Funds Management (NZ) Limited (BT) - the investment arm of Westpac in New Zealand.  

Over $14 billion of funds under management

BT has a specialist investment team based in New Zealand. We are one of New Zealand’s leading fund managers, with over $14 billion of funds under management as at 31 January 2020.

Our approach to long-term wealth creation

Our investment process uses a multi-manager approach and focuses on high quality, insightful research.

We believe that a disciplined approach to investing, together with broad diversification across asset classes, securities and investing styles, will help customers achieve long-term wealth creation.

We also believe that markets are somewhat inefficient and portfolios can be structured to take advantage of dislocations and opportunities. We apply this belief using an active approach to asset allocation and security selection across most asset classes.

A team of dedicated investment professionals

Specialist investment managers, who we consider to be leaders in each particular asset class, carry out much of the selection of investments. They are based locally and globally.

Our team of dedicated investment professionals has responsibilities spread across Asset Allocation (Strategic and Tactical), Manager Selection & Blending and Portfolio Implementation.

Stronger risk-adjusted investment returns

Using this multi-manager approach, we aim to deliver stronger risk adjusted returns for our customers, by including a wide variety of investment processes and strategies into our portfolios and managed funds.

Specialist funds

In order to gain exposure to certain assets or asset classes, we may invest the assets of each Fund into specialist funds. We consider a number of factors when selecting specialist funds, including the investment managers of those specialist funds. We look for investment managers who have a well-defined and robust investment philosophy and process. We regularly monitor investment performance, portfolio holdings, compliance, changes to key investment personnel and business factors amongst other matters.

Download a complete list of these Underlying Investment Managers, and Specialist Funds.

Key roles within BT Funds Management (NZ) Limited.

Responsible Investment

You can view our Responsible Investment Policy here.