close
MENU
On the Money
6 mins to read

Managed funds: Is performance manipulation a problem?

ANALYSIS: Local fund has altered its benchmark about 10 times in the 16 years that it has been going.

How is performance relative to the benchmark actually ‘disclosed’ to investors in New Zealand?

Two weeks ago, in the first part of this story on managed funds’ performance, we reviewed a paper by two researchers at the Universities of Florida and Arizona. Their research highlighted the fact that good relative performance is critical to increasing funds under management and thus profits.

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Brent Sheather Sun, 31 Mar 2024
Contact the Writer: brent@cpam.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Managed funds: Is performance manipulation a problem?
On the Money,
103338
true