Welcome to Fund Managers Otago Limited


Fund Managers Otago Limited as a managed investment scheme manager does not offer investment advice. For investment advice we recommend that you make contact with a qualified registered investment advisor. Fund Managers Otago Limited is licensed under the Financial Markets Conduct Act 2013 [FSP30687] as the managed investment scheme manager of the NZ Mortgage Income Trust (No. 2 Fund) Group Investment Fund which is a Managed Investment Scheme (MIS) under the Financial Markets Conduct Act 2013.

View licence here. To view our schemes on the NZ Companies Office website – the Disclose Register.

Board of Directors


John Francis Gallaher


John Gallaher has been an independent director on Fund Managers Otago Limited since 2001 and was appointed as Chairman in 2019. John brings valuable expertise in the area of funds management and commerce in general. John is a principal of Forsyth Barr Limited, a New Zealand-wide investment management and sharebroking organisation. He specialises in funds and investment management. John is Chartered Fellow of the institute of Directors and holds a number of directorships throughout New Zealand and as a director of number of national and local community organisations.

John is Chairman of City Forests Ltd, Mercy Hospital Ltd, Tracplus Global Ltd, Deputy Chairman of NZCEO Ltd/NZCEO Finance Ltd and a Director of the Otago Rescue Helicopter Trust Ltd. He also has an active governance involvement in the education, non-profit and sporting sectors as Chairman of United Way NZ Inc and as a member of the FIBA Finance Commission.


David Joseph Ehlers


David Ehlers has been a director of Fund Managers Otago Limited since 1997. David is qualified as a lawyer and has a BCom in accounting. He has been a partner of Dunedin law firm Webb Farry since 1984 practising in the commercial/corporate and conveyancing areas. His work involves wide ranging commercial advice relating to taxation matters, joint ventures, commercial property transactions, business acquisitions and the establishment of companies, as well as advice on company constitutions and the rights and powers of directors and shareholders.
David has a general expertise in Companies Act matters including share issues, share sales, company amalgamations and other corporate restructurings. He is involved in property transactions including all conveyancing matters and advises on trust law and trust structures.
David is a member of the New Zealand Law Society (Property Law Section). He is also a qualified Alternative Dispute Resolution mediator.


Kevin John Whitley


Kevin joined the Fund Managers Otago Limited board in 2019. Kevin is an experienced director who will bring valuable skills to the Fund Managers Otago Limited Board as a BBS majoring in Accounting and Finance, Qualified Chartered Accountant and an accredited Insolvency practitioner with 40+ years including a period with Coopers & Lybrand. Kevin lectured for 5 years at Tairawhiti Polytechnic in Economics, Marketing, Business Psychology and Accounting for NZIM & NZICA examinations. He has extensive experience in property development, receiverships, liquidations, capital raising, private and public equity and debt raising. Kevin is a shareholder in Fund Managers Otago Limited through the FMH Holdings Trust.


Peter James Hutchison

Managing Director

(03) 471 6508
Peter has been with Fund Managers Otago Limited since inception in 1994. Peter has over 40+ years’ experience at a senior level within the banking and financial services sector. He is an experienced director and is a Chartered Member of the Institute of Directors and a Fellow of the NZ Institute of Management. Peter has been and continues to be involved in charitable and community organisations and has been the National President of the Cancer Society of New Zealand Incorporated for the past 4+ years.

Fund Managers Otago Staff


Ann Burton

Senior Lending Officer

(03) 471 6506
Ann has worked for Fund Managers Otago Limited since 2007. Ann manages the administration and new lending functions for the mortgage portfolios for the three Managed Investment Schemes that the company manages. She came from the banking and finance sector and brings a wealth of experience to this exacting role.


Lynnette Scott

Office Manager
CFA, BA (Hons)

(03) 471 6503
Lynnette has a BA (Hons) from Otago University majoring in Economics and is a CFA charter holder. Lynnette has more than 20 years’ experience working in the finance industry in various roles in investment, research and treasury. Lynnette joined Fund Managers Otago Limited in 2019 as Office Manager and is responsible for the accounting and finance role. Lynnette came to the company from Dunedin City Treasury and brings a wealth of experience to the role of Office Manager.


Ruth Schmelz
Senior Administration Officer

(03) 471 6501
Ruth Schmelz first joined Fund Managers Holdings Limited back in 2002 and in 2009 Ruth transferred across to Fund Managers Otago Limited. Ruth looks after all of the investors in the three Managed Investment Schemes managed by Fund Managers Otago Limited. This is an important role and ably handled by Ruth whose friendly style and attention to detail is valued by our investors.


Lynda Taylor

Compliance Officer

((03) 471 6507

Lynda has recently joined Fund Managers Otago as the Compliance Officer to support the business in all facets of anti-money laundering and countering the financing of terrorism, risk and statutory compliance functions of the Company, the three Managed Investment Schemes and any associated entities that it is responsible for.

Lynda has 30 years’ experience in the financial services industry which includes 23 years in retail, business, rural and private banking and seven years as an independent Registered Financial Adviser specialising in life, risk and medical insurance covers. Lynda has a Post Graduate Diploma in Personal Financial Planning from Waikato University.