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


ANZ Investments achieves highest rating to date

ANZ Investments achieves highest rating to date for all three KiwiSaver schemes from Morningstar

Silver rating for multi-asset class funds

ANZ Investments has received a silver rating for all of the multi-asset class funds in its three KiwiSaver schemes, from one of the leading international investment researchers, Morningstar.

After a 12-month review of ANZ Investments’ funds, Morningstar concluded ‘ANZ Investments’ KiwiSaver schemes continue to set the standard for multi-sector investing in New Zealand…we believe they are among the best KiwiSaver options in New Zealand.’

ANZ Wealth Managing Director, John Body said “this is a fantastic achievement and recognises the experience and disciplined processes of our investment management

business. Whether investors chose a conservative, balanced or a growth fund, ANZ Investments funds have a silver rating, ranking them among the best in the country.”

Until this year, bronze was the highest rating achieved by multi-asset class funds in a KiwiSaver scheme.

Commenting on the review, Morningstar also stated “We consider the firm's knowledge and stable team and the time-tested and repeatable investment process to be truly competitive advantages. We believe these will continue to add value and provide thefoundations for healthy future performance.”

ANZ Investments is New Zealand’s largest KiwiSaver provider in terms of members and funds under management, with more than 585,000 members and $4.8 billion in FUM.

”Along with delivering a strong track record of investment performance we’re making it easier for people to understand how KiwiSaver can help them live more comfortably in retirement with tools like the ANZ FutureWise website.”

ANZ Investments has a gold star rating from Morningstar for its single-asset class, International Share Fund in the OneAnswer KiwiSaver scheme.


© Scoop Media

Business Headlines | Sci-Tech Headlines


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news