15 years of growth
When Mike Taylor started Pie Funds, he had a simple goal. He wanted the investment funds to outperform the market. “I believed most fund managers were serial under-performers and saw an opportunity,” he says. There weren’t many smaller fund managers on the scene. Taylor was in his late 20s and didn’t have a huge track record behind him, so it was a risk. But he was confident. “I thought we should be able to beat them. I felt like we could achieve it and, if we achieved it, we would be able to get clients.” And they did get clients. Pie Funds first started managing the money of friends and family, but over time the client base grew to over 3,000 highly valued clients and nearly 20,000 KiwiSaver members. “Many of the investors from when…