QuayStreet leaps into KiwiSaver rankings

QuayStreet leaps into KiwiSaver rankings
QuayStreet’s chief investment officer, Andrew South, formerly led Brook Asset Management’s investment team. (Image: QuayStreet)
Dan Brunskill
A new addition to Morningstar’s quarterly KiwiSaver report has shaken up the leaderboard and pushed Simplicity out of the top five best performing growth funds. Auckland-based QuayStreet Asset Management was added to Morningstar’s regular survey of KiwiSaver funds for the first time this week. The asset manager has immediately assumed some leading positions, with its conservative fund in fourth place on a 10-year basis and in second place in the past five years. Its growth fund ousted Simplicity for fifth place on a f...