Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 153 results for "New Zealand Super"

NZ Super sells forestry stake to iwi group

JAMES FERNYHOUGH  |  MONDAY, 3 MAR 2014
The New Zealand Superannuation Fund (NZ Super) has sold a 2.5% stake in Kaingaroa Timberlands, New Zealand's largest forestry business, to a collective of six iwi organisations. NZ Super remains the largest stakeholder in the business, with a 38.75% ...

NZ Super to put $126m in retirement village

JAMES FERNYHOUGH  |  FRIDAY, 25 OCT 2013
New Zealand Superannuation Fund looks likely to take on 17% of New Zealand retirement village provider Metlifecare, in a move that will see NZ Super raise its stake in the company to 19.9%. This comes after reports that ANZ Super and New Zealand utilities ...

NZ Super awards 4 mandates to Northern Trust

ALEX DUNNIN  |  TUESDAY, 15 OCT 2013
New Zealand Superannuation Fund appoints Northern Trust to new passive global equities mandates. The NZ$23 billion New Zealand Superannuation Fund has appointed Northern Trust's asset management arm, a leading global provider of index, active and multi-manager ...

NZ Super CEO appointed deputy chair of IFSWF

JAMES FERNYHOUGH  |  TUESDAY, 8 OCT 2013
Chief executive of the Guardians of New Zealand Superannuation, Adrian Orr, has been elected deputy chair of the International Forum of Sovereign Wealth Funds (IFSWF). As deputy, Orr will play second fiddle to chair Bader M. Al Sa'ad of the Kuwait Investment ...

NZ Super posts record annual return

LAURA MILLAN  |  WEDNESDAY, 28 AUG 2013
The New Zealand Superannuation Fund has posted a record return of 25.8% in the 12 months to June 20, 2013. The fund is now worth $23 billion, $4 billion more than a year ago, when it was worth $19 billion. NZ Super previous highest annual return was ...

Sovereign wealth funds climb to US$5.5tr

ALEX DUNNIN  |  WEDNESDAY, 17 JUL 2013
Sovereign wealth funds have reached an aggregate US$5.5 trillion at June 2013, up 9.1% over the past 12 months, according to the SWF Institute. The SWF Institute also reported that SWF assets are up 44% since the global financial crisis (GFC) and that ...

BlackRock wins four NZ Super mandates

JAMES FERNYHOUGH  |  MONDAY, 15 JUL 2013
Investment giant BlackRock has won four new mandates from the New Zealand Superannuation Fund (NZ Super). BlackRock will manage four new passive global equities mandates: passive global large cap equity, small cap equity, emerging markets equity and ...

Pioneer Capital awarded New Zealand Super mandate

MARK SMITH  |  TUESDAY, 2 JUL 2013
The New Zealand Superannuation Fund has awarded a NZ$40 million mandate to Auckland-based Pioneer Capital for a new expansion capital fund. Pioneer Capital's second fund (PCPII) will invest in privately-owned, small to medium-sized New Zealand businesses ...

NZ Super takes stand on nuclear weapons

MARK SMITH  |  TUESDAY, 11 JUN 2013
The New Zealand Superannuation Fund (New Zealand Super) has sold its holdings in a group of nuclear base operators because they have become involved with upgrading or modifying nuclear explosive devices. Publicly listed companies Babcock & Wilcox, Fluor ...

NZ Super Fund inks US$275m UK mandate deal

ALICE URIBE  |  FRIDAY, 31 MAY 2013
The New Zealand Superannuation Fund (NZ Super Fund) has made its second investment in natural catastrophe reinsurance, appointing London-based Leadenhall Capital Partners to manage a US$275 million mandate. The new mandate is focused on natural catastrophe ...