New Zealand’s US$40.4 billion NZ Super celebrates its 20th birthday this week, after a year in which it reported its best ever return of 29.6%, beating its benchmark by 1.7%.The fund was not set up as a public pension fund, but is a sovereign wealth fund that aims to “smooth over time...
New Zealand’s US$40.4 billion NZ Super celebrates its 20th birthday this week, after a year in which it reported its best ever return of 29.6%, beating its benchmark by 1.7%.The fund was not set up as a public pension fund, but is a sovereign wealth fund that aims to “smooth over time...