Welcome to the spring issue of Investor News. In this edition we share news about changes we’re making to some of our portfolios and how we’re making it even easier to join the MAS KiwiSaver Plan. You’ll also learn about investment returns during the September quarter and our investment managers tell us what their outlook for financial markets is.
The combined funds under management (FUM) of the MAS KiwiSaver and the MAS Retirement Savings Plan have exceeded $1.5 billion for the first time. We created this infographic to highlight some of the achievements of the MAS KiwiSaver Plan and the MAS Retirement Saving Plan.
Returns bounced back from the previous weak quarter as investors became more confident that the earlier slowdown in global growth was temporary and company earnings in the major share market’s exceeded expectations. It wasn’t all good news though as by quarter end the escalating trade dispute between the United States and both China and the European Union raised fears of a damage to global economic growth.