ANZ Investments named Morningstar Fund Manager of the Year

ANZ Investments named Morningstar Fund Manager of the Year

ANZ Investments was last night named Morningstar New Zealand Fund Manager of the Year in the prestigious Morningstar awards.

ANZ Investments, New Zealand’s largest fund management company, was also named:

• Morningstar KiwiSaver Fund Manager of the Year
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• Morningstar International Equities Manager of the Year

John Body, Managing Director ANZ Wealth, said the awards recognised the consistent performance by ANZ Investments which had experienced strong growth in recent years.

Mr Body said the Morningstar awards capped off a strong year for ANZ Investments which passed the $20 billion milestone of total Funds Under Management and was also named Fundsource Fund Manager of the Year for 2014.

“ANZ has a 175-year track record of looking after people’s money – we’re absolutely committed to helping New Zealanders protect and grow their wealth, with the solutions, the service and robust processes over the way our funds are managed,” said Mr Body.

“While we’re proud to receive this award, we’re most proud of the positive difference we are making to help our customers grow their investments.

“Our KiwiSaver funds received top marks from Morningstar for our services to members, as well as investment performance.

Morningstar said ANZ Investments was the pre-eminent choice among KiwiSaver providers: “The capable, seasoned investment personnel (at ANZ Investments) have provided exceptional short and longer-term performance, while the firm’s transparency and investor education and engagement are all first-rate.”

“This is great news for our 650,000 KiwiSaver members who trust us with their retirement savings because a strong after fees investment return is one of the most important factors to help them achieve their retirement goals.

“Even a 1% difference in investment performance in your KiwiSaver fund over time could give you an additional $100,000 when you retire. (Based on a 22-year-old contributing 3% of a $45,000 salary, along with employer contributions of 3%, until they are 65.)”

Click here to see how much a 1% difference in performance over time can make to your retirement savings.

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