Why 2019's sharemarket returns were better than predicted - Milford Asset

Why 2019’s sharemarket returns were better than predicted

Mark Riggall

Portfolio Manager

Mark is the Portfolio Manager for the Balanced Funds and KiwiSaver Moderate Fund (responsible for asset allocation) in addition to responsibility for managing the Central Dealing Desk. Prior to joining Milford in November 2014, Mark spent 11 years with Morgan Stanley in London and Hong Kong as an equity derivatives trader. In Hong Kong he had responsibility for the Asia ex-Japan index derivatives business, running multiple regional derivative portfolios. Prior to that in London he ran a global equity derivatives portfolio in addition to a UK equity derivatives portfolio. Mark has a Masters of Engineering degree from the University of Bath, UK.

At the start of 2019 many investors were predicting a difficult year. Portfolio Manager Mark Riggall discusses why this didn’t happen and how Milford used a flexible approach to deliver value over the year.

Disclaimer: This is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to an Authorised Financial Adviser. Past performance is not a guarantee of future performance.