ANZ refreshes its investment beliefs

ANZ Investments will be using a mix of active, quantitative and passive approaches to investment in the hopes of achieving better long-term performance.

Chief investment officer George Crosby says the firm has “bolstered our investment team and external partnerships,” and “have started making meaningful changes to portfolios to enhance their resilience to market conditions and deliver good outcomes to our investors over the long term.”

While ANZ is a large player in the New Zealand market, “we recognise there are global experts with specialised skills that can enhance our capabilities,” Crosby says.

Among the external partnerships now are PIMCO, which it says encompasses both passive and active styles, and BlackRock, the world’s largest asset manager, to enhance ANZ’s risk management capabilities.