Morningstar has named ASB as KiwiSaver Fund Manager of the Year New Zealand for 2026, rewarding the strong fund performance achieved for its nearly half a million KiwiSaver members during 2025.
ASB Chief Investment Officer Frank Jasper says that this independent endorsement is a real vote of confidence for ASB’s KiwiSaver members.
“As one of the country’s largest KiwiSaver providers, we take great responsibility and care in managing our customers’ money and take the trust they place in us very seriously.
“Every investment decision we make is with the goal to help New Zealanders have confidence in their financial future – whether that’s saving for retirement or buying their first home.” says Frank.
ASB’s Growth, Moderate, Balanced and Conservative KiwiSaver funds all achieved top quartile returns for both one and three year rolling periods. ASB Moderate and Conservative funds also ranked number one in their categories for 1-year returns to 31 December 2025 according to latest Morningstar’s latest KiwiSaver report December 2025, showcasing ASB’s strength across the range of investment strategies and risk profiles.
The funds’ strong performance, particularly during a year of volatility and unpredictable markets, reflects a carefully curated and disciplined long-term investment approach, in partnership with world-class fund manager BlackRock.
“We will continue to innovate and build out our investment capability to deliver even stronger outcomes for our customers, while empowering savers and investors to make the right decisions that’ll help them grow and achieve their long-term goals.” says Frank.
Matt Olsen, Morningstar Australasia’s Director, Manager Research, said “It’s fair to say that 2025 was a challenging year to navigate. There were inflation surprises, geopolitical uncertainty, and growth uncertainty. Compounded by a market displaying valuations disconnected from fundamentals, it made it a challenging year, even for the best investors.
“Despite this, 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.” concludes Olsen.
For more information about the Morningstar Awards for Investing Excellence in New Zealand: Morningstar Awards for Investing Excellence New Zealand 2026: Winners Announced | Morningstar