Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

International Fixed Interest Honours

12 March 2001

Colonial First State (NZ) Take International Fixed Interest Honours

Colonial First State (NZ) has won the title of Morningstar/Business Herald International Fixed Interest Fund Manager for 2000.

Chief Executive Bruce Abraham said the award reflects the strength of Colonial First State's investment strategy and the excellent returns achieved by the company's global fixed interest portfolio in 1999 and 2000.

In announcing the award, Morningstar commented that Colonial First State produced among the highest returns and the best value for risk compared to other global fixed interest managers.

"Colonial First State is one of the few investment managers in New Zealand to manage a global fixed interest portfolio locally," said Mr Abraham.

"Most other New Zealand based investment managers outsource the management of this sector. Our competition, therefore, included some high-profile global investment managers."

Colonial First State was 1st Runner Up in 1999 in the International Fixed Interest category as well as 1st Runner Up in the Multi Sector Funds category.

ENDS

For further information contact:

Andrew Murrell Communications Manager Colonial First State PO Box 5108 Wellington Phone: 04 470 4547 Fax: 04 470 4501 Mobile: 025 770 069 Email: amurrell@colonialfirststate.co.nz http://www.colonialfirststate.co.nz


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Non-Giant Fossil Disoveries: Scientists Discover One Of World’s Oldest Bird Species

At 62 million-years-old, the newly-discovered Protodontopteryx ruthae, is one of the oldest named bird species in the world. It lived in New Zealand soon after the dinosaurs died out. More>>

Rural Employers Keen, Migrants Iffy: Employment Visa Changes Announced

“We are committed to ensuring that businesses are able to get the workers they need to fill critical skills shortages, while encouraging employers and regions to work together on long term workforce planning including supporting New Zealanders with the training they need to fill the gaps,” says Iain Lees-Galloway. More>>

ALSO:

Marsden Pipeline Rupture: Report Calls For Supply Improvements, Backs Digger Blame

The report makes several recommendations on how the sector can better prevent, prepare for, respond to, and recover from an incident. In particular, we consider it essential that government and industry work together to put in place and regularly practise sector-wide response plans, to improve the response to any future incident… More>>

ALSO:

Oil Scare: Trump Authorises Use Of Emergency Crude Stockpile

The New Zealand dollar fell against the US dollar after President Donald Trump authorised the use of the country's emergency crude stockpile after the weekend attack on Saudi Arabia’s major oil facilities. More>>

ALSO: