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Showing 161 - 170 of 197 results for "NZ Super"

Lift NZ retirement age to 67

ALEX DUNNIN  |  WEDNESDAY, 8 DEC 2010
The New Zealand Retirement Commissioner has recommended an increase in the country's retirement age to 67 but the proposal has been rejected by Prime Minister John Key. The recommendation was made in the three-yearly Retirement Income Policy Review ...

Global equities hurt NZ Super

JOHN MCDULING  |  THURSDAY, 23 SEP 2010
The New Zealand Superannuation Fund posted a 1.4 per cent decline after fees but before taxes in the month to 31 August, with a rally in global fixed income not enough to offset declines in global equity markets, to which the fund remains heavily exposed. ...

NZ Super to look for green mandates

RUTH LIEW  |  THURSDAY, 16 SEP 2010
Australian fund managers looking for mandates from the $16.4 billion NZ Super Fund may soon have to display how they input environmental, social and governance factors in their strategies as the fund pushes ESG considerations higher on its priority ...

NZ Super pips Aus through intl equities

RUTH LIEW  |  THURSDAY, 29 JUL 2010
... an Australian super fund by 50 per cent, buoyed by a portfolio that is heavily biased towards international equities. NZ Super recently released results showing the $12.8 billion fund had returned 15.45 per cent over the 2009/2010 financial year, after ...

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 ...