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Showing 121 - 130 of 153 results for "NZ Super"

NZ Super axes GMO mandates

MEDIA RELEASE  |  MONDAY, 19 APR 2010
The $12 billion New Zealand Superannuation has terminated its global equity, non-US small-cap equity and multi-strategy equity mandates managed by GMO. The guardians of New Zealand Superannuation made the announcement today, and said GMO Renewable Resources ...

NZ Super buys Shell assets

PRESS RELEASE  |  MONDAY, 29 MAR 2010
A consortium including the New Zealand Superannuation Fund has bought the Royal Dutch Shell's New Zealand distribution business assets for more than $540 million. The deal includes all Shell's "downstream assets", which include the business' retail ...

NZ Super returns 17pc

PRESS RELEASE  |  WEDNESDAY, 17 MAR 2010
The New Zealand Superannuation Fund returned more than 17 per cent for the financial year to date at the end of February this year - a $2.3 billion net gain. According to the sovereign wealth fund's February performance update, it has returned just ...

NZ Super axes AXA Rosenberg mandates

MICHELLE BALTAZAR  |  THURSDAY, 11 FEB 2010
... mandate, which AXA Rosenberg held since 2004, and the equities long-short mandate, which the fund manager won in 2006. NZ Super Fund's head of communications Paul Gregory declined to comment on why the mandates were axed and whether they have appointed ...

NZ Super appoints Elementum Advisors

COMPANY RELEASE  |  WEDNESDAY, 3 FEB 2010
The Guardians of New Zealand Superannuation have appointed Elementum Advisors to manage a $140 million portfolio of catastrophe-linked securities. The initial size of the mandate will be $140 million million with potential to increase to $282 million. ...

NZ Super takes mandates in-house

MICHAEL HOBBS  |  MONDAY, 20 JUL 2009
The New Zealand Superannuation Fund is dropping investment mandates with ING and Smartshares and taking them in-house. The fund announced the changes to improve flexibility, cut costs and is part of the fund's focus on having direct participation in ...

ANZ Super Advantage adds four

RUTH LIEW  |  TUESDAY, 2 JUN 2009
The $1.6 billion ANZ Super Advantage has added four new investment funds including a Vanguard and BlackRock product to its menu. Implemented in late April, ANZ Super Advantage had added the ING Global Property Securities fund, OptiMix Global Emerging ...

NZ govt to suspend NZ Super contribs

MICHAEL HOBBS  |  MONDAY, 1 JUN 2009
The New Zealand government's plans to stop contributions to NZ Super for at least a decade could place the super fund under greater financial pressure in the future, according to one global asset consultant. Martin Lewington, New Zealand business leader ...

ANZ Super reviews trustees

RUTH LIEW  |  MONDAY, 4 MAY 2009
The $1.7 billion ANZ Staff Superannuation Scheme is on the hunt for trustees to join its board - a move that echoes Westpac Staff Super's recent call for members to elect two directors to its own board. Over the next few months, ANZ will be holding ...

NZ Super suffers $568m loss

RUTH LIEW  |  MONDAY, 29 SEP 2008
The world credit crisis has drawn blood from another victim, with New Zealand Superannuation Fund posting a loss of $568 million or 4.92 per cent for the year ended 30 June 2008. The 4.92 per cent figure was the fund's net return on investment for the ...