Opinion
New Zealand ranked lowest in a study of managed funds in 16 countries carried out by investment researcher Morningstar.
The study measured the experiences of managed fund investors, with the aim of identifying best practice in funds management from the countries in North America, Europe and Asia in which Morningstar operates.
This country was rated D-, while the United States topped the list with an A rating, followed by China with a B+. Australia was rated 11th with a C.
Are you supplied enough information on your investments? Do we deserve the low ranking?
