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

 

ANZ Wealth scoops awards from FundSource

Media Release

For release: 22 November 2012

ANZ Wealth scoops awards from FundSource

ANZ’s specialist investment manager OnePath has won five awards, including two of the top titles, in the 2012 FundSource industry awards for funds management.

OnePath was named Fund Manager of the Year and KiwiSaver Manager of the Year at an awards ceremony in Auckland last night.

OnePath also took out three categories in the sector awards: Listed Property trust, New Zealand Fixed Interest and International Equities.

ANZ’s OnePath is New Zealand’s largest KiwiSaver provider and one of the country’s largest retail fund managers. One in four New Zealanders in KiwiSaver have their savings in a scheme managed by OnePath.

The FundSource Fund Manager and KiwiSaver Manager of the Year awards come after ANZ Wealth took out the equivalent two categories for OnePath in the Morningstar fund manager awards earlier this year.

John Body, ANZ’s Managing Director of Wealth & Private Banking, says: “It is an honour to be recognised with these awards, which are a tribute to the excellence of our investment management team, who have consistently delivered excellent returns compared with our peers. Winning five awards shows we’re strong right across the board.

“With KiwiSaver now five years old, and established as the main savings vehicle for the majority of New Zealanders, our KiwiSaver award is further industry recognition of our market-leading position and outstanding offering for customers.”

Judging for the FundSource Fund Manager of the Year award is based primarily on a combination of fund manager performance, their risk-adjusted track record in the medium to longer term, and qualitative analysis.

The FundSource KiwiSaver Scheme Manager of the Year award is given to the provider which offers the best solution for New Zealand’s retirement savings across diversified, balanced, conservative and growth sectors.

The investment research house FundSource presents the awards annually, offering New Zealand investors a measure for their savings and investment performance.

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Official Cash Rate Unchanged At 1.75 Percent

Global economic growth has increased and become more broad-based. However, major challenges remain with on-going surplus capacity and extensive political uncertainty... More>>

Kaikōura Earthquake: Private Insurers Receive $1.8b Claims

Insurance Council Chief Executive Tim Grafton said most is for commercial loss at $1.36 billion, with residential claims amounting to over $460 million. “...We have a high level of confidence that most people will have received settlement offers by the end of this year." More>>

ALSO:

Forms And Data: New Proposals To Simplify Personal Income Tax

The Government is proposing to make tax simpler for individuals, with people whose only income is from a salary, wages or investments no longer being required to file tax returns to receive tax refunds or to calculate any additional tax. More>>