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New Zealand Financial Markets Authority: Fund Managers' Inconsistent Performance Measurement And Cost Of Fees Reduces Benefits To Investors

<p><span>The managers of New Zealand managed investment schemes (MIS or KiwiSaver/fund managers) are showing repeatable performance, relative to appropriate market indices. However, the benefits of their skill to investors in some funds is reduced by fees, and the costs of commission paid by managers to third parties.</span></p> ....

New Zealand , Paul Gregory , Financial Markets Authority , Zealand Guardian Trust , Public Trust , Covenant Trustee Services , Trustees Executors , Covenant Trustee Services Limited , New Zealand Guardian Trust Limited , Public Trust Limited , Trustees Executors Limited , Investment Management ,

Fund managers' inconsistent performance measurement and cost of fees reduces benefits to investors

Fund managers' inconsistent performance measurement and cost of fees reduces benefits to investors
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New Zealand , Paul Gregory , Financial Markets Authority , Zealand Guardian Trust , Public Trust , Covenant Trustee Services , Trustees Executors , Covenant Trustee Services Limited , New Zealand Guardian Trust Limited , Public Trust Limited , Trustees Executors Limited , Investment Management ,