Kiwi Wealth says poor Kiwisaver performance won't last

Tue, 10 Mar 2020

Kiwi Wealth is warning that the quarterly KiwiSaver performance tables are misleading and that the government, the Financial Markets Authority and the media shouldn't pay too much attention to them."The tables aren't comparing apples with apples," Kiwi Wealth's chief investment officer, Simon O'Grady told BusinessDesk."Part of the objective of KiwiSaver has to be you need different risk points" and there's a price to pay for the risk an investor takes."The objective has to be, what are you trying to achieve? There's a risk trade-off with return...

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