NZ Super’s FY25: Solid gains, sober tone - and a clearer steer on where it’s heading

10th September, 2025
The New Zealand Superannuation Fund (NZ Super) ended the year to 30 June 2025 with an 11.84% pre-tax return after costs, lifting assets to NZ$85.1 billion (US$50.5 billion) and adding NZ$8.4 billion (US$5.0 billion) over the year.Against the 4.61% 90-day T-bill rate, the net return was 7.24%, leaving the Crown...
The New Zealand Superannuation Fund (NZ Super) ended the year to 30 June 2025 with an 11.84% pre-tax return after costs, lifting assets to NZ$85.1 billion (US$50.5 billion) and adding NZ$8.4 billion (US$5.0 billion) over the year.Against the 4.61% 90-day T-bill rate, the net return was 7.24%, leaving the Crown...

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