Newest, most active KiwiSaver managers win biggest returns

Tue, 03 Nov 2020

New entrant KiwiSaver providers have been outperforming legacy players with market disruption from the pandemic creating a wide gap between different fund managers.Juno Kiwisaver’s growth fund has been the top performer in three of the past five quarters, according to Morningstar’s KiwiSaver Survey.The fund delivered a return of 23.7 percent over the past 12 months; more than four times its peer group average of 5.7 percent. “It has been a good environment to be an active manager, because there have been some sect...

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