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OnePath on track with awards

Tuesday 23rd of November 2010

The fund manager formerly known as ING also scooped the inaugural FundSource KiwiSaver Scheme Manager of the Year award, seeing off competition from AMP and Fidelity.

In what was a successful night for OnePath the fund manager also secured the sector awards for International Equity, Diversified Defensive, Diversified Balanced and Diversified Growth.

OnePath funds management managing director Paul Butler said the awards success was "a great start for the brand and a good springboard for 2011."

He cited OnePath's large, stable team and robust processes for their success, adding that the wins are especially enjoyable coming in what has been a "challenging" year for the managed funds sector.

He said awards recognition and factors such as the regulatory overhaul and creation of the Financial Markets Authority (FMA) were all important in helping rebuild public trust in the financial services sectors.

Other winners at the Awards included Tyndall Investment Management - recently taken over by Japan's Nikko Asset Management. Tyndall scooped the awards for NZ Equity (Australasian) fund manager and Best New Initiative for their Tyndall Corporate Bond Fund.

AMP took home two awards for NZ Equity fund manager for its AMP OnePath NZ Shares Trust and Fixed Interest for the AMPCI NZ Fixed Interest Trust.

The award for NZ Cash manager went to NZ Guardian Trust for the Guardian Cash Fund.

FundSource said this year there were no nominees in the NZ Mortgage, International Fixed Interest or NZ Property sectors satisfying Awards criteria.

 

 

Comments (2)
Philip Macalister
Thanks LPL. We've reviewed the comments, and at this stage don't intend to pull them down. HOwever will make this comment. Yes wew agree the matter has been well reported. It's time to move on. ING/OP has acknowledged the problems and made payments etc. Those funds were just a couple of the many the company runs. Clearly it runs the other funds well and deserves acknowledgement for that. I will say the people making these comments are associated with the Frozen Funds group. Yes it is time to move on.
0 0
14 years ago
Austin Fisher
Before anyone at OP/ING gets *too* pleased with themselves, reflect on the wisdom of the phrase "least said, soonest mended".
0 0
14 years ago
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