Newest, most active KiwiSaver managers win biggest returns

Newest, most active KiwiSaver managers win biggest returns
Dan Brunskill
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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