SYDNEY, 30 January 2025 -- Morningstar Australasia Pty Limited, a subsidiary of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has today announced the finalists of the 2025 Morningstar New Zealand Awards. The annual Awards program, now in its 19th year, recognise and celebrate the best of the New Zealand fund management profession who are selected by Morningstar’s Manager Research analysts.

“With peak inflation, growth uncertainty and ongoing geopolitical uncertainty, the U.S. Elections, 2024 was a challenging year to navigate, even for the best investors,” said Matt Olsen, Morningstar Australasia’s Director, Manager Research.

“Despite the turbulent past year, our nominated fund managers demonstrated an ability to deliver quality, high-performing investments and have stood above peers with exceptional returns over the longer term.”

The international equities award will not be awarded again this year, as there were no eligible candidates demonstrating suitable achievement across our award criteria. Award finalists and winners are determined by a combination of research by Morningstar's manager research analysts; risk-adjusted medium- to long-term performance track records; and performance in the 2024 calendar year. The table below shows the category finalists, including finalists for the Overall Fund Manager of the Year.

Methodology

Morningstar determines winners based on a combination of research by its manager research analysts; risk-adjusted returns over medium- to long-term periods; performance in the 2024 calendar year and Morningstar’s forward-looking rating for funds, the Morningstar Medalist Rating™ including its Parent pillar component. The Medalist Rating is set on a five-tier scale running from Gold, Silver, Bronze, Neutral and Negative at the share class level.

The winners for the 2024 Morningstar New Zealand Awards will be announced on Thursday 6th March at the Maritime Room in Auckland. For more information about Morningstar Awards, visit https://go.morningstar.com/Morningstar-Awards

About Morningstar Australasia Pty Limited and Morningstar, Inc.

Morningstar Australasia is a subsidiary of Morningstar, Inc. (“the company”), a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and solutions that serve a wide range of market participants, including individual and institutional investors in public and private capital markets, financial advisors and wealth managers, asset managers, retirement plan providers and sponsors, and issuers of fixed-income securities. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately US$328 billion in assets under advisement and management as of Sept. 30, 2024. The Company operates through wholly-owned subsidiaries in 32 countries. For more information, visit www.morningstar.com/company. Follow Morningstar on X (formerly known as Twitter) @MorningstarInc

Morningstar’s Manager Research Group

Morningstar’s Manager Research Group consists of various wholly owned subsidiaries of Morningstar, Inc. including, but not limited to, Morningstar Research Services LLC. Morningstar Manager Research provides independent, fundamental analysis on managed investment strategies. Morningstar views are expressed in the form of Morningstar Medalist Ratings, which are derived through research of three key pillars—People, Process, and Parent. The Morningstar Medalist Rating is the summary expression of Morningstar’s forward-looking analysis of investment strategies as offered via specific vehicles using a rating scale of Gold, Silver, Bronze, Neutral, and Negative. A global research team issues detailed research reports on strategies that span vehicle, asset class, and geography.

Medalist Ratings are not statements of fact, nor are they credit or risk ratings, and should not be used as the sole basis for investment decisions. A Medalist Rating is not intended to be nor is a guarantee of future performance. This press release is for informational purposes only; references to securities should not be considered an offer or solicitation to buy or sell the securities.

The Awards are copyrighted to Morningstar. Fund managers may not publicise the Award(s) without the prior written consent of Morningstar.

Morningstar Medalist Ratings and Award nominees and winners are subjective in nature and should not be used as the sole basis for investment decisions. Morningstar Medalist Ratings are based on Morningstar’s current expectations about future events and therefore involve unknown risks and uncertainties that may cause Morningstar’s expectations not to occur or to differ significantly from what was expected. Morningstar does not represent its Morningstar Medalist Ratings to be guarantees nor should they be viewed as an assessment of a fund’s or the fund’s underlying securities’ creditworthiness. The references above should not be considered a solicitation by Morningstar to buy securities.

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Media Contact:
Christine St Anne
christine.stanne@morningstar.com
61 407 915 145