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Showing 131 - 140 of 157 results for "New Zealand Super"

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 ...

NZ govt to suspend NZ Super contribs

MICHAEL HOBBS  |  MONDAY, 1 JUN 2009
... future governments needing to make larger contributions to recover this suspension or ultimately bear higher New Zealand Super costs due to the shortfall in draw-downs from the fund," said Lewington. "The suspension is not only likely to increase future ...

AIST chair set sights on UN PRI board

MICHAEL HOBBS  |  WEDNESDAY, 20 MAY 2009
Australian Institute of Superannuation Trustees (AIST) chair, Ian Robertson, has nominated for a position on the United Nations Principles for Responsible Investment (UN PRI) board. Local Government Superannuation (LGS) trustee, Robertson was integral ...

PRI members push CSR movement

MICHAEL HOBBS  |  WEDNESDAY, 29 OCT 2008
United Nations Principles for Responsible Investment (UN PRI) signatories are using their collective $6 trillion investment might to persuade around 9,000 companies to sign a set of corporate social responsibility standards. The 52 strong group wrote ...

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 ...

NZ Super ends Fisher Funds ties

RUTH LIEW  |  FRIDAY, 28 MAR 2008
The Guardians of New Zealand Superannuation has officially ended their investment relationship with Fisher Funds Management Limited opting to take this aspect of the portfolio direct. NZ Super appointed Fisher Funds back in December 2003 to manage an ...

Northern Trust bags award

RUTH LIEW  |  FRIDAY, 22 FEB 2008
Nasdaq-listed Northern Trust Corporation, who controversially won the Future Fund custody in May last year, was recently bestowed the title of "best custodian in Asia Pacific". Northern Trust, which was set up more than 100 years ago, was awarded the ...

NZ Super in the red

MICHAEL HOBBS  |  FRIDAY, 15 FEB 2008
The New Zealand Superannuation Fund posted a negative return over the six-month period to December last year, citing continued global equity market volatility. The fund's full year net return on investments to June 2007 was 14.5 per cent before tax ...

Future fund appoints another private equity expert

MICHAEL HOBBS  |  THURSDAY, 22 NOV 2007
The federal government's Future Fund has appointed Steve Byrom to investment director of private markets. Starting the role next week, Byrom will report to head of private markets Gary Gabriel. Byrom has more than 12 years experience in private equity ...

Tobacco shares up in smoke

MICHAEL HOBBS  |  TUESDAY, 23 OCT 2007
The New Zealand Superannuation Fund has stripped its portfolio of $37.6 million worth of tobacco shares after an environmental, social and governance (ESG) review of the fund's investments. The tobacco stocks represented only 0.29 per cent of the fund's ...