Asset Manager

Updated:

Milford Asset Management

Milford Asset Management is an award-winning team of investment experts offering KiwiSaver, investment funds and wealth management. The firm takes an active...

Milford Asset Management logo

Milford Asset Management

Milford Asset Management is an award-winning team of investment experts offering KiwiSaver, investment funds and wealth management. The firm takes an active approach to investing, with global investment expertise, and is committed to sustainable investing. It has over 200,000 clients and over $35 billion in funds under management, and is committed to growing the wealth of New Zealanders. It has been named Canstar’s KiwiSaver Provider of the Year for six years in a row.

General information

Firm type

Generalist

Year founded

2003

AUM

Over NZ$35 billion in funds under management (per Milford, accessed 2026)

Location

Region

Oceania

Country

New Zealand

City

Auckland

Corporate office

Level 12, 50 Albert Street, Auckland 1010, New Zealand

Additional offices

Cambridge, New Zealand · Tauranga, New Zealand · Havelock North, New Zealand · Wellington, New Zealand · Christchurch, New Zealand · Wānaka, New Zealand · Australia

Principals

Ashley Brown

KiwiSaver Adviser

Sector focus

Generalist

Frequently asked questions

Is Milford active across both public and private markets?

Milford's core franchise is in listed equities and fixed income, demonstrated by its Trans-Tasman Equity, Global Equity and Corporate Bond funds. The firm has progressively added a Private Markets offering that sits alongside its public-markets strategies, although the majority of its reported NZ$35 billion in funds under management remains in liquid, daily-priced vehicles.

What investment approach does Milford follow?

Milford practises active management, building concentrated, research-driven portfolios that aim to outperform benchmarks over full market cycles. The firm's investment process integrates sustainable-investing considerations and draws on its global research capability, while execution remains focused on the deep, familiar pools of Australasian public and private securities.

Who oversees investment decisions at Milford?

Milford's investment leadership has recently undergone succession as the firm scaled past the NZ$30 billion mark. While the firm does not publicly name a single CIO in its current marketing, its investment teams are structured by asset class — equities, fixed income, and private markets — each with portfolio managers responsible for security selection within their respective funds. Specific named portfolio managers change over time; current team composition is available on the firm's website.

Does Milford pursue passive or index-tracking strategies?

No. Milford is an active manager by design. Every fund in its KiwiSaver and Investment Funds ranges is actively managed, with the firm explicitly positioning that active approach as central to its value proposition. Investors seeking passive market-cap exposure do not fall within Milford's target mandate.

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