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

Search Results

Showing 71 - 80 of 96 results for "New Zealand Superannuation Fund"

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
... for example, and managers who prioritise green and socially responsible investing. In July, the New Zealand Superannuation Fund reported returns that beat the average Australian super fund by 50 per cent, buoyed by a portfolio that is heavily biased ...

Costello to leave Future Fund

JOHN MCDULING  |  TUESDAY, 14 SEP 2010
... yesterday. Costello joined the Future Fund after having served as the inaugural chief executive of the New Zealand Superannuation Fund. Prior to that, he was the chef executive of the Superannuation Trust of Australia. On his watch, the Future Fund has ...

NZ Super pips Aus through intl equities

RUTH LIEW  |  THURSDAY, 29 JUL 2010
The New Zealand Superannuation Fund beats the average return of 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 ...

NZ Super axes GMO mandates

MEDIA RELEASE  |  MONDAY, 19 APR 2010
... February 2005; and a multi-strategy equities mandate in June 2006. This decision does not affect the New Zealand Superannuation Fund's strategic asset allocation to global listed equities. According to a press statement, the guardians work with investment ...

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 ...

Future Fund behind Azerbaijan on transparency

MICHAEL HOBBS  |  FRIDAY, 5 MAR 2010
... SWF, UAE-based Mubadala, Singapore's Temasek, Norway's Government Pension Fund-Global and the New Zealand Superannuation Fund SWFs with scores less than two out of 10 were based in Oman, Nigeria, Kiribati, Iran, Brunei and Algeria.

NZ Super appoints Elementum Advisors

COMPANY RELEASE  |  WEDNESDAY, 3 FEB 2010
... experience in capital markets reinsurance risk-transfer products, including catastrophe bonds. The New Zealand Superannuation Fund, which commenced investing at the end of September 2003, is designed to reduce the tax burden on future New Zealand taxpayers ...

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 ...