Tag Archives: Super Fund

The New Zealand Superannuation Fund is actively seeking new domestic investment opportunities where it believes it has “hometown advantages” but chief executive Adrian Orr said they’re difficult to find at the scale it needs. The NZ Super Fund’s 2014/2015 report released today shows it had $4.4 billion of its $29.54 billion portfolio invested in New Zealand compared to $3.7 billion a year …

The New Zealand Superannuation Fund, which was set up to partially fund the cost of a ballooning baby boomer pension bill, has ended a 12-year mandate with AMP Capital to manage part of its local equity portfolio. The pension fund’s manager, the Guardians of New Zealand Superannuation, terminated the active equities mandate effective from Oct. 30, it said in a statement. …

New Zealand Post, the state-owned postal service, agreed to sell its 35 percent stake in Datacom Group to the New Zealand Superannuation Fund for $142 million to repay debt and bolster its capital. NZ Post’s credit rating was cut to A+ from AA- in October as the state-owned enterprise searches for new revenue streams in the face of dwindling demand …