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.