Nikko’s Ark KiwiSaver ‘more extreme than we would have expected’
Morningstar data showed Nikko’s Ark KiwiSaver fell 40% in year ended March.
Nikko Asset Management NZ managing director George Carter is speaking with Hamish McNicol.
The head of Nikko Asset Management in New Zealand says the volatility of its ‘disruptive innovation’ KiwiSaver fund has been more extreme than it would have expected after it fell 40% in the year ended March.
But he argues that if investors believed in the underlying philosophy and approach when
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