Can active management save your KiwiSaver from a downturn?

Can active management save your KiwiSaver from a downturn?
International research shows active managers aren’t any better than the index when markets are falling. (Image: DepositPhotos)
Dan Brunskill
One of the most heated debates in funds management is whether active or passive management delivers better long term returns for investors.This debate has been more or less settled in the United States context, with study after study showing very few hedge fund managers can consistently outperform the benchmark.For example, the Financial Times (FT) reported fewer than half of all active funds outperformed the S&P 500 index in the year to June 2021 and fewer than 20% outperformed over a 10-year period.Defenders of active management have ofte...

More Markets

Gamification – it’s coming for you
Opinion

Simon Robertson: Gamification – it’s coming for you

How smart companies game your life to make money.

Simon Robertson 01 Nov 2025
NZ stocks end firm after Sky, Vulcan, annual meetings
Markets Market Close

NZ stocks end firm after Sky, Vulcan, annual meetings

There were 84 rises and 54 falls on the main board.

Jamie Gray 31 Oct 2025
Rising volumes push Port of Tauranga profit outlook higher
Primary Sector

Rising volumes push Port of Tauranga profit outlook higher

Port of Tauranga expects its full-year net profit after tax to fall somewhere between $137 million and $147m.The NZX-listed port company’s container volumes increased 9% to 319,649 TEUs in the first three months to Sept 30.Total trade increased 5.9% in volume compared to the same...

Staff reporters 31 Oct 2025
SkyCity faces Adelaide reckoning by year-end
Markets

SkyCity faces Adelaide reckoning by year-end

Casino operator releases details about regulatory situation in Adelaide.

Dileepa Fonseka 31 Oct 2025