Scoop has an Ethical Paywall
Licence needed for work use Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Further recognition of Nikko AM’s local expertise

“Fund Manager of the Year” win further recognition of Nikko AM’s local expertise

Nikko Asset Management NZ has picked up another accolade in being named “Fund Manager of the Year” at the 2018 FundSource Awards – a win that follows being named “NZ Fund Manager of the Year” at the 2018 Morningstar Awards in March, and “Fitch Ratings Fund Manager of the Year – Bonds” at the INFINZ Awards in May.

Nikko AM NZ Managing Director George Carter received the top FundSource award on behalf of the firm, telling the audience it was “humbling” to receive given the level of competition.

“We're friends, we're colleagues, we're competitors, but the one thing we all have in common is our desire to create a better financial services industry for investors,” Carter said.

Head of FundSource Glen van Echten said the Nikko win came off the back of strong representation across the award sectors. The Nikko AM Income Fund won the NZ Fixed Interest Sector category, and the Nikko AM Concentrated Equity Fund won the NZ Equity Sector category. “Nikko had additional finalist and shortlisted fund representation across the sectors.”

Nikko AM NZ Head of Bonds and Currency Fergus McDonald says, “Our objective with the Income Fund is to provide regular income from an actively managed portfolio while protecting capital value. We’ve been successful in that regard and this award recognises that.”

Nikko AM NZ Senior Portfolio Manager Equities James Lindsay says, “The team’s efforts to gain enough insight to generate real conviction has allowed us to identify mis-priced companies and deliver solid returns for clients in the Concentrated Equity Fund consistently and over many years.”

Advertisement - scroll to continue reading

George Carter adds, “2018 is shaping up to be the biggest year yet for Nikko AM NZ. As well as all the industry recognition we’ve received for providing top-tier performance for our investors, we’ve also launched the Nikko AM NZ KiwiSaver Scheme and just been granted an exemption to provide financial advice via a custom-made online platform that will enable individuals to invest with us directly.”

“Clearly this is an exciting time for the entire team at Nikko AM NZ, and we look forward to building on all of those 2018 successes into ongoing gains for Kiwi investors over the coming months and years.”

Nikko AM NZ actively manages around NZD5.2 billion* of investments, including corporate superannuation schemes, community and charitable trusts, foundations, corporations, financial planners, banks, insurers, KiwiSaver Schemes, and other fund managers.

It is part of one of the largest asset management companies in Asia, Nikko Asset Management, which has USD216 billion* under management, and a global network of almost 200 investment professionals in nine countries. This unique advantage makes Nikko AM NZ the only dedicated investment manager in New Zealand to be a part of a specialist global investment manager.

(Ends)

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.