Fund Manager of Year battle between active and passive
The battle for this year's Good Returns Fund Manager of the Year came down to two active managers against a passive manager.
Friday, November 29th 2019, 6:40AM
Fund Manager of the Year - Fisher Funds Management
Last night Fisher Funds was crowned the Good Returns Fund Manager of the Year over the NZX-owned Smartshares and AMP Capital.
Fisher has one of the largest investment management teams in New Zealand, while Smartshares runs a suite of index tracking funds.
The active versus passive tussle played out in other categories, most noticeably New Zealand shares where Smartshares took out the top awards over AMP Capital and Russell Investments.
The awards are powered by Research IP and are based on one-year returns and a number of other factors to ensure the winners and funds shortlisted in each category are not “one hit wonders”.
"Research IP is cognisant that investors may choose a fund because it is award winning and Good Returns wants to acknowledge outstanding performance in the last 12 months, but through Research IP’s rigorous process, we can ensure the best managers are awarded each year," Research IP managing director Darren Howlin says.
This year's awards featured a new Adviser Choice category. More than 600 votes were cast this year. Advisers choose Milford Asset Management in the fixed interest category; Mint Asset Management in property and infrastructure; and Fisher Funds for equities.
WINNERS
Fund Manager of the Year
- Fisher Funds Management
KiwiSaver of the Year
- Generate Investment Management
Longevity Award
- Milford Asset Management
Boutique Manager of the Year
- Castle Point Funds and Mint Asset Management
SECTOR AWARD WINNERS
Alternatives Sector
- Pathfinder Global Water
Diversified Sector
- Milford Asset Management
Australasian Equity Sector
- Harbour Australasian Equity Income Retail
New Zealand Equity Sector
- Smartshares NZ Dividend
Australian Equity Sector
- AMP Capital Australian Shares
Global Equity Sector
- Magellan Global
Australasian Fixed Interest Sector
- Fisher New Zealand Fixed Income Trust
Global Fixed interest Sector
- Premium Asia Income
Global Property & Infrastructure Sector
- APN Asian REIT
Australasian Property Sector
- Smartshares NZ Property
A special thanks to our sponsor, Trustees Executors
| « New Awards | Finalists announced for Good Returns Fund Manager of the Year 2020 » |
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