GSFM and its fund manager partner, Munro Partners, have launched the Munro Global Growth Climate Leaders PIE Fund into the New Zealand market.

Adminis Funds Limited is the manager and issuer of the fund in New Zealand, and GSFM will distribute the fund to New Zealand wholesale investors.

GSFM CEO, Damien McIntyre, said the firm has been exploring the possibility of distributing its fund manager partners’ funds in the New Zealand market for some time, and is kicking off its expansion into New Zealand with the Munro fund.

“Our commitment to New Zealand is solid, and the decision was made to launch as a PIE, rather than as a feeder fund. The portfolio investment entity (PIE) gives New Zealand investors the most efficient structure for their investment.

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