KiwiSaver provider Milford Asset Management’s performance has been lagging compared to its competitors in recent times.

In the year to September, its active growth KiwiSaver fund returned 3.4% (after fees and before tax) – a result well below others in the market that delivered above 10%.

NZ Herald Wellington Business Editor Jenee Tibshraeny joins Heather du Plessis-Allan to break down why, and if investors can expect to see a turn around. 

LISTEN ABOVE

KiwiSaver provider Milford Asset Management’s performance has been lagging compared to its competitors in recent times.
In the year to September, its active growth KiwiSaver fund returned 3.4% (after fees and before tax) – a result well below others in the market that delivered above 10%.
NZ Herald Wellington Business Editor Jenee Tibshraeny joins Heather du Plessis-Allan to break down why, and if investors can expect to see a turn around.&nbsp;
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Jenee Tibshraeny: NZ Herald Wellington Business Editor on Milford Asset Management's performance hit against competitors

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d2659534-25b8-4730-a683-b4ea00715d7a/transcript