Implemented Investment Solutions (IIS) was established in 2011, and today operates in the investment market and industry across multiple business lines managing over $5 billion in assets.
IIS’s Fund Hosting business proudly provides services to some of the largest fund managers in the world who wish to operate in New Zealand, as well as some of New Zealand’s most respected investment companies.
Fund Hosting is similar to the third-party responsible entity services offered within the Australian market. This enables investment managers to offer their investment expertise and solutions to Kiwi clients as Portfolio Investment Entity (PIE) funds by “outsourcing” the issuing and managing of these funds to IIS. IIS is licenced as a “manager of a registered scheme” under New Zealand’s Financial Market Conduct Act 2013 (FMC Act).
The clients we manage PIE funds for include global investment managers like Russell Investments, Franklin Templeton, Antipodes, APN and First Sentier Investors, as well as local adviser businesses, specialist investment groups and family offices who use tailored PIE funds as part of their investment offering. We also manage the InvestNow KiwiSaver Scheme.
Our expertise is working with global investment managers, and local boutiques, to provide Kiwi investors access to these managers’ solutions in funds that are Portfolio Investment Entities (PIE funds).
Within the IIS Fund Hosting business, our offering also extends to Fund Execution services. Fund Execution leverages off the expertise the IIS team have in issuing and managing funds for clients as a ‘Fund Host’, but carries out these activities under the Fund Execution client’s MIS licence. Utilising IIS’s Fund Execution services allows managers of any size to focus their time and effort on core value-add activities, while outsourcing more operational and compliance related activities to a proven expert in the area of issuing and managing PIE funds.
The IIS group also owns InvestNow which is a leading digital retail investment platform enabling Kiwi investors to invest online in over 140 different managed funds from leading New Zealand and global fund managers. In October 2020, InvestNow launched the InvestNow KiwiSaver Scheme which allows members to manage their retirement savings.
In addition, InvestNow offers bank Term Deposits to enable investment in multiple banks Term Deposits at the same time and in the same place. This gives investors access to both great rate opportunities, as well as being able to diversify across a range of banks.
The team, lead by Mike Heath has plans to add many more investment opportunities to the platform, so watch this space and enjoy being in control of your investing experience.
Hunter Investment Management
The third business that the IIS Group is involved with is Hunter Investment Management Limited. This is a little different in that the IIS Group is simply a shareholder in a joint venture with Tony Hildyard who is the Managing Director of Hunter.
Hunter is a boutique funds management business and currently operates the Hunter Global Fixed Interest Fund, an extremely popular New Zealand-domiciled fund with investments managed by PIMCO, and two diversified funds; Balanced and Growth. IIS is the Fund Host for three Hunter Funds and provides shareholder support in the governance of the business. From a day to day perspective Hunter operates independently of the IIS Group with Tony Hildyard driving the growth and operations of this exceptional business.