About

Our purpose is to save New Zealand's savings.
In fact, we're on a mission to save New Zealanders $1bn each year.

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 to savers at scale we hope to help rid New Zealand of low interest bank accounts, forever. 
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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?

We are some of the most accomplished and experienced investment professionals in New Zealand, having worked in some of the world's largest investment banks and high-performing funds management businesses.
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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 New Zealand's leading fixed income professional, having managed billions of dollars successfully over a 25 year career around the globe.
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 is a 20 year veteran of financial services, with market leading knowledge of investment and trading systems and processes.
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%.

Save faster.

Welcome to Wedge. And welcome to reaching your savings goals faster.