Active over algorithm: Milford Asset's human touch wins top Research IP fund manager of year

Active over algorithm: Milford Asset's human touch wins top Research IP fund manager of year
Milford executive director Wayne Gentle with Research IP's Darren Howlin. (Image: BusinessDesk)
Dileepa Fonseka
Property and infrastructure funds have tanked so much over the past year that only two managed to make enough money to be considered for their category in this year’s fund manager awards.But other fund managers have cause for celebration: humans have triumphed over the machine, with active fund managers Milford Asset Management taking the top prize for Research IP's fund manager of the year after passive fund SmartShares won it last year. Some other winners of prizes at the awards included QuayStreet Asset Management for KiwiSave...

More Finance

Wisdom from Milford’s ‘oldest’ fund manager
Finance

Wisdom from Milford’s ‘oldest’ fund manager

Stephen Johnston has been watching markets since 1997.

Gregor Thompson 09 Jan 2025
RBNZ issues first non-bank deposit-taker licence in nearly a decade
Finance

RBNZ issues first non-bank deposit-taker licence in nearly a decade

The Reserve Bank of New Zealand has issued a non-bank deposit taker licence to newly formed finance company Welcome.The last time the central bank issued a license was in 2017 to Christian Savings, which was previously licensed as Christian Savings Incorporated, according to the...

Staff reporters 08 Jan 2025
How tax rules discourage wealthy investor migrants
Finance

How tax rules discourage wealthy investor migrants

Covid refugees facing a four-year time limit on tax status are forcing the issue.

Pattrick Smellie 06 Jan 2025
M&A outlook: get set for big ticket IPOs
Finance

M&A outlook: get set for big ticket IPOs

Experts are picking a surge in mergers and acquisitions activity for 2025.