If you don’t like the fees charged, you do have choice
The issue under the spotlight here is how much KiwiSaver managers are being paid to look after nest-eggs.
Shoeshine Mon, 25 Sep 2017
A decade ago, Warren Buffett made a $U1 million bet with a fund manager that the S&P500 stock index would outperform hedge funds over 10 years.
Mr Buffett reckoned active investment management by professionals, in aggregate, would underperform over a period of years the returns achieved by rank
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