Devon Funds Management Limited (“Devon”) is an independent investment management business that specialises in building investment portfolios for our clients that are comprised of companies listed on the New Zealand and Australian stock exchanges. Our approach is an active one where our rigorous research and analytical skills are applied to maximum advantage.
Devon’s highly qualified and experienced investment team is committed to helping investors achieve their investment results. We believe our advantage lies in our people - a dedicated team of investment professionals with over 100 years combined experience in the investment industry both within Australasia and further afield. We’ve worked hard to assemble the right talent with the necessary skills and experience to manage our client’s portfolios.
And it’s not just our clients’ investments that we’re committed to growing. We take pride in the fact that Devon is independent and wholly owned by its employees, who maintain personal holdings in the Devon Funds, ensuring our investment team’s decisions and our clients’ interests are aligned at all times. This is why we manage in excess of $900 million on behalf of a diverse range of leading New Zealand clients, including the New Zealand Superannuation Fund, Community Trusts, charities, KiwiSaver schemes, corporates pension schemes and individual investors.
Secure handling of client funds is important to us. At Devon we don’t handle any clients’ funds directly. Client funds are all held securely by highly regarded external Trustee companies and custodians. In addition, our business, internal processes and controls and the Funds are audited annually by PricewaterhouseCoopers to ensure we maintain best practice.
The Devon Internal Controls Audit Opinion and Devon Unit Trust Audit Report can be viewed by clicking the link below: