Morningstar New Zealand Fund Manager of the Year 2013
"The winners in the New Zealand Morningstar Awards have all shown themselves to be first-class stewards of their investors' capital. The quality of their people, process, philosophy, and investment style are a testament to this, and continue to enable them to provide outstanding results for their investors," Morningstar Australasia
Co-Head of Fund Research Chris Douglas said.

New Zealand Fund Manager of the Year 2013 – Milford Asset Management
The Morningstar New Zealand Fund Manager of the Year 2013 is Milford Asset Management. Milford has evolved from a small start-up with a limited product suite to a diversified contender in the local funds management industry. Brian Gaynor's Milford Active Growth Fund has been a market leader for many years now, but the lesser-known products are also impressive. Milford Trans Tasman has performed exceptionally well since inception, while the more recent addition of multisector funds has shown that there's much more to this firm than just New Zealand and Australian equities. Milford has reinvested continually in people and processes, and has a genuine focus on investor engagement. Transparency and disclosure are also a cut above the rest. Milford is setting the standard in the New Zealand funds management industry, and richly deserves the overall Fund Manager of the Year award.
Fixed Interest Category, New Zealand 2013 – Tyndall Investment Management
The Morningstar Fund Manager of the Year Fixed Interest 2013 is Tyndall Investment Management. Fergus McDonald has been a very dependable fixed interest manager during his many years at Tyndall, and
his performance in 2012 was proof of this small but highly-capable team's market knowledge and expertise. Tyndall's hefty but judicious exposure to credit and higher-running yield in 2012 contributed to the very strong showing, and long-term returns also impress. The admirable combination of people, process, and performance all mean that Tyndall is thoroughly deserving of winning the Fixed Interest category award.
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