Harbour Asset Management wins Morningstar New Zealand Fund Manager of the Year Award 2016

NEWS RELEASE: 25 February 2016
Harbour Asset Management received the top award at the Morningstar awards ceremony held in Auckland last night, the Morningstar New Zealand Fund Manager of the Year’ for 2016.

Morningstar, a leading provider of independent research commented that, “Harbour is an outstanding steward of its investors’ capital and the well-deserved winner of Morningstar’s overall award for New Zealand funds management excellence. Originally established as a domestic equities house, the firm has expanded its offering, which now encompasses fixed interest and global capabilities, in a sensible and well-structured manner. Performance across all asset classes was top notch in 2015, with investors benefitting from shrewd security selection and well-judged portfolio positioning in difficult market conditions.”

In addition to collecting the overall Fund Manager of the Year award, Harbour also won the Fund Manager of the Year; Fixed Interest Category, New Zealand 2016, and were a finalist in the Fund Manager of the Year; Domestic Equities Category New Zealand 2016.

Andrew Bascand, Harbour Managing Director and Portfolio Manager said, “It is great that Harbour is contributing strongly to the development of New Zealand’s capital market. Our clients entrust us to manage and grow their investments and bring innovative investment solutions. This is a responsibility we take very seriously. Our experienced and proven investment team manage clients’ money within a disciplined and robust investment process.

“Harbour is focused on managing a range of income and growth investment solutions on behalf of our clients, delivered within a strong governance and compliance framework.”

Harbour was the first recognised fund manager to be granted a Managed Investment Scheme (MIS) license by the Financial Markets Authority in January 2015.

Andrew Bascand said, “It is very always pleasing to receive independent recognition and these awards provide our clients with further confidence and comfort that their money is being managed to best practice standards.”