tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Friday, April 19th, 11:55AM

News

rss
Latest Headlines

Morningstar names ASB number one

Relative newcomer to the managed funds scene ASB Investments has won the Morningstar Fund Manager of the Year Award.

Monday, March 1st 2004, 7:59AM
It has taken out the award ahead of Asteron Life and BNZ

The head of ASB Group Investments Ross McEwan says winning the award shows the group is coming of age.

“The majority of the funds offered through ASB Bank have been available for less than five years, so it’s a real achievement to have reached this position in a relatively short period of time,” he says.

Sector winners

  • Multi Sector - Public Trust
  • New Zealand fixed interest - National Bank
  • International fixed interest – ASB
  • Mortgage Funds – ASB
  • New Zealand/Australian shares – AXA
  • International Shares BNZ Investment Management
  • Property – Tower
  • To receive the overall award, a fund manager must have offered funds in at least three of the seven sectors where winners are determined. Points were awarded to each fund manager for the top three placings in each sector. The points were then weighted based on the importance of each asset class in the market where awards are given.

    « AUTs may need to be licenced to continue operatingSovereign takes regulation bull by the horns »

    Special Offers

    Commenting is closed

     

    print

    Printable version  

    print

    Email to a friend
    News Bites
    Latest Comments
    Subscribe Now

    Weekly Wrap

    Previous News
    Most Commented On
    Mortgage Rates Table

    Full Rates Table | Compare Rates

    Lender Flt 1yr 2yr 3yr
    AIA - Back My Build 6.19 - - -
    AIA - Go Home Loans 8.74 7.24 6.75 6.65
    ANZ 8.64 7.84 7.39 7.25
    ANZ Blueprint to Build 7.39 - - -
    ANZ Good Energy - - - 1.00
    ANZ Special - 7.24 6.79 6.65
    ASB Bank 8.64 7.24 6.75 6.65
    ASB Better Homes Top Up - - - 1.00
    Avanti Finance 9.15 - - -
    Basecorp Finance 9.60 - - -
    Bluestone 9.24 - - -
    Lender Flt 1yr 2yr 3yr
    BNZ - Classic - 7.24 6.79 6.65
    BNZ - Green Home Loan top-ups - - - 1.00
    BNZ - Mortgage One 8.69 - - -
    BNZ - Rapid Repay 8.69 - - -
    BNZ - Std, FlyBuys 8.69 7.84 7.39 7.25
    BNZ - TotalMoney 8.69 - - -
    CFML Loans 9.45 - - -
    China Construction Bank - 7.09 6.75 6.49
    China Construction Bank Special - - - -
    Co-operative Bank - First Home Special - 7.04 - -
    Co-operative Bank - Owner Occ 8.40 7.24 6.79 6.65
    Lender Flt 1yr 2yr 3yr
    Co-operative Bank - Standard 8.40 7.74 7.29 7.15
    Credit Union Auckland 7.70 - - -
    First Credit Union Special - 7.45 7.35 -
    First Credit Union Standard 8.50 7.99 7.85 -
    Heartland Bank - Online 7.99 6.69 6.45 6.19
    Heartland Bank - Reverse Mortgage - - - -
    Heretaunga Building Society 8.90 7.60 7.40 -
    HSBC Premier 8.59 - - -
    HSBC Premier LVR > 80% - - - -
    HSBC Special - - - -
    ICBC 7.85 7.05 6.75 6.59
    Lender Flt 1yr 2yr 3yr
    Kainga Ora 8.64 7.79 7.39 7.25
    Kainga Ora - First Home Buyer Special - - - -
    Kiwibank 8.50 8.25 7.79 7.55
    Kiwibank - Offset 8.50 - - -
    Kiwibank Special - 7.25 6.79 6.65
    Liberty 8.59 8.69 8.79 8.94
    Nelson Building Society 9.00 7.75 7.35 -
    Pepper Money Advantage 10.49 - - -
    Pepper Money Easy 8.69 - - -
    Pepper Money Essential 8.29 - - -
    Resimac - LVR < 80% 8.84 8.09 7.59 7.29
    Lender Flt 1yr 2yr 3yr
    Resimac - LVR < 90% 9.84 9.09 8.59 8.29
    Resimac - Specialist Clear (Alt Doc) - - 8.99 -
    Resimac - Specialist Clear (Full Doc) - - 9.49 -
    SBS Bank 8.74 7.84 7.45 7.25
    SBS Bank Special - 7.24 6.85 6.65
    SBS Construction lending for FHB - - - -
    SBS FirstHome Combo 6.19 6.74 - -
    SBS FirstHome Combo - - - -
    SBS Unwind reverse equity 9.95 - - -
    Select Home Loans 9.24 - - -
    TSB Bank 9.44 8.04 7.55 7.45
    Lender Flt 1yr 2yr 3yr
    TSB Special 8.64 7.24 6.75 6.65
    Unity 8.64 6.99 6.79 -
    Unity First Home Buyer special - - 6.45 -
    Wairarapa Building Society 8.60 6.95 6.85 -
    Westpac 8.64 7.89 7.35 7.25
    Westpac Choices Everyday 8.74 - - -
    Westpac Offset 8.64 - - -
    Westpac Special - 7.29 6.75 6.65
    Median 8.64 7.29 7.32 6.65

    Last updated: 8 April 2024 9:21am

    About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
     
    Site by Web Developer and eyelovedesign.com