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Showing 1 - 10 of 26 results for "Reference Portfolio"

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
... represented in the benchmarks. Another option is to assess total portfolio risk-adjusted returns using a simple reference portfolio. "This represents a departure from the current approach, which assesses investment performance relative to a strategic ...

NZ Super continues to build investment team

ELIZABETH FRY  |  THURSDAY, 5 MAR 2026
... previously held roles in tactical credit and asset allocation, contributing to the 2020 review of the fund's reference portfolio. She also worked as a senior investment analyst at the Government Superannuation Fund Authority and Westpac NZ, having started ...

Super moves: Future Fund, NZ Super, Aware Super, VFMC

ELIZABETH FRY  |  THURSDAY, 19 FEB 2026
... included tactical credit and asset allocation, where she contributed to the 2020 review of the fund's reference portfolio. She also worked as a senior investment analyst at the Government Superannuation Fund Authority and Westpac NZ, having started ...

CalPERS adopts total portfolio approach

JAMIE WILLIAMSON  |  TUESDAY, 18 NOV 2025
... pension fund to adopt the investment model, with a planned implementation from 1 July 2026. It will use a reference portfolio set at 75% equities and 25% bonds, which it will use to benchmark the performance of the investments selected by the team. It ...

JANA deepens bench with six principal promotions

ELIZABETH FRY  |  THURSDAY, 13 NOV 2025
... years ago, and Worthington arrived in 2022 from NZ Super, where he spent seven years modelling the fund's reference portfolio. Other appointments include Kevin Fernando to senior consultant and Sadru Karim to senior manager. Fernando has a private ...

NZ Super delivers 11.84%

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
... strategies have been. "We derive that by comparing our actual returns with the benchmark returns generated by our reference portfolio, which is a notional, passively managed portfolio of bonds and shares that we believe would meet our mandate," Townsend ...

NZ Super recognised for two decades of outperformance

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
... executive Jo Townsend said. "In addition, our active investment strategies have also outperformed both our Reference Portfolio benchmark and our long-term performance expectations." Maintaining long-term, growth-oriented investment strategies through ...

NZ Super Fund shines bright with standout return

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
... annum or $50.1 billion since its inception. The fund, meanwhile, finished the year just shy of its passive Reference Portfolio benchmark (15.13%) - which reflects the results of a low-cost, passive portfolio of 80% equities and 20% fixed interest. But ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... returns above the risk-free rate, a peer comparison of these returns, and a measurement relative to a simple-reference portfolio (SRP) frontier. These options focus on risk-adjusted returns, gauging trustees' ability to deliver good returns for a given ...

NZ Super Fund delivers 11.9%

CASSANDRA BALDINI  |  WEDNESDAY, 13 SEP 2023
... in share prices over the year meant that its total return slightly lagged, falling just slightly behind its Reference Portfolio benchmark, which yielded a 12% return. Nevertheless, the fund said it exceeded its Treasury Bill return benchmark, an indicator ...
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