About

Our purpose is to save New Zealand's savings.

Wedge Management Limited (Wedge) is a proudly New Zealand owned and operated fund manager, with the goal of bringing fairness to financial services.  

The team at Wedge have a long history in the professional management of large investment funds on behalf of hundreds of thousands of New Zealanders.  Our decades of collective experience managing low-risk portfolios afford us a unique view of just how badly savers in New Zealand are being treated. It also presents a great opportunity to do something about it.

Wedge knows what people should be earning on their money and by delivering it at scale we hope to help rid New Zealand of low interest bank accounts, forever. 

Wedge is a licensed retail managed investment scheme manager. Our licensed activities are regulated by the Financial Markets Authority, and our day-to-day operations are supervised by The New Zealand Guardian Trust Company Limited.

Who's behind Wedge?

Our investment team are among New Zealand's most accomplished and experienced investment professionals, with backgrounds spanning some of the world's largest investment banks and high-performing funds management businesses.

We’re also very proud New Zealanders, who care deeply about our country and want to do something to help us all get ahead. We can see that our Australian-owned banks are holding New Zealanders back, and we’re doing something about it.

Dave McLeish
Founder & Managing Director
Dave is a highly regarded cash and fixed income investment manager, with a long history of leading award-winning teams.
Andy McLeish
Founder & Chief Customer Officer
Andy is one of New Zealand's most accomplished marketing and brand leaders, and brings a relentless customer focus to Wedge.
Angela Quirk
Founder & Head of Operations
Ange has two decades of financial services experience, with deep expertise in the systems, infrastructure and processes that underpin effective investment management.
Lyle McNee
Founder & Portfolio Manager
Lyle is a highly experienced cash and fixed income investment specialist with an enviable track record of results.

Wedge is New Zealand's first Savings Fund.

Around the world, funds are fast replacing traditional bank accounts as the faster way to safely grow your money. Savings Funds bring together the best features of a bank account (a set rate of interest, on-call access, no minimums or restrictions and an easy app interface), with the superior returns and stability that come from investing in very low risk wholesale money markets.

Every dollar you invest into the Wedge Savings Fund is continually backed by a dollar of cash and fixed interest investments which carry a very high weighted average credit rating of AA.

Once you're signed up through the app, simply deposit money from your bank into the Wedge Savings Fund bank account, and we'll purchase units in the fund on your behalf. From then on, your money will be earning a far better rate of interest than when it was sitting in your old on-call bank savings account.

Your interest will accrue daily, so you'll see your balance grow every day.

The fund is a Portfolio Investment Entity (PIE), so tax is capped at 28%.