3rd April, 2024
After five years serving as NZ Super’s CIO, Stephen Gilmore is packing his bags for California where he is set to start his new job at the US$494 billion CalPERS, the US’s largest public pension fund and a massive step up from the US$70 billion New Zealand sovereign wealth fund.
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27th March, 2024
NZ Super’s Guardians have appointed Jo Townsend as CEO as the Crown entity enters a new era, in which it is showing increasing interest in originating its own direct investments and acquisition of foreign assets.
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13th September, 2023
Fuelled by growth in global equities, NZ Super reported a barnstorming performance in the financial year ending June 30 with an 11.9% return – the best return of its peers reporting over the same period.
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4th September, 2023
New Zealand’s state-owned investor, NZ Super, has taken a bold step with a direct investment worth almost US$300 million in financial services provider Euroclear.
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11th August, 2023
August is normally a prolific month for appointments and new hires, especially among those funds in the Northern Hemisphere and for those executives with families that need to relocate and find new schools. Here’s an update of what is happening around the human capital of Sovereign Investors:
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4th July, 2023
On June 30, Global SWF published the 2023 GSR Scoreboard that assesses the progress of State-Owned Investors around governance, sustainability, and resilience since 2020. There has been significant improvement in best practices globally during the past three years, especially around governance.
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30th June, 2023
We are delighted to present the 2023 GSR Scoreboard, the most comprehensive analysis on the Governance, Sustainability and Resilience (“GSR”) practices and efforts of the world’s major State-Owned Investors (“SOIs”), including Sovereign Wealth Funds (“SWFs”) and Public Pension Funds (“PPFs).
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23rd June, 2023
As industry analysts, we have always been fascinated by the changing meter on NBIM’s website. Anyone can see the market value of the world’s largest SWF at any point in time, according to the fluctuations in global financial markets. Over the years, NZ Super joined this effort and is now showing an “AuM-clock” on their homepage, too.
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19th June, 2023
Since 2020, Global SWF has issued an annual assessment of the efforts of state-owned investors, including sovereign wealth funds and public pension funds, around governance, sustainability, and resilience (GSR).
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3rd May, 2023
As in 2021 and 2022, we have studied the performance of all major Sovereign Investors. By May, most organizations had already released results, although eight of the 50 funds featured below were yet to report them and we estimated their FY22 yield based on benchmarks. Whenever possible, returns are expressed in net, nominal terms.
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8th February, 2023
The first flurry of full-year returns results for sovereign wealth funds and public pension funds shows a large spread of results, but is broadly in line with year-end estimates in Global SWF’s 2023 Annual Report.
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19th January, 2023
Political change is coming to New Zealand, which could impact on the nation’s future generations fund, NZ Super Fund, as politicians on either side of the House of Representatives set out very different visions for its long-term funding and withdrawals.
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