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Mark Riggall: Milford Asset Management portfolio manager on returns on low-risk managed funds underperforming in recent years

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Sinopsis

Returns on low-risk managed funds, including Kiwisaver's Conservative and Moderate funds have been underperforming in recent years. Kiwisaver's Conservative fund has delivered users 0.8 per annum over the last 5 years, as the financial climate gets more turbulent. Milford Asset Management's Mark Riggall explains the dip in returns for investors. LISTEN ABOVESee omnystudio.com/listener for privacy information.