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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Super Fund gives no assurances on home bias

Posted on 15 June 2009

From Nbr.co.nz: The Guardians of the New Zealand Superannuation Fund say they will follow a directive from Minister of Finance Bill English to actively seek out eligible domestic investments but say they are unable to offer any assurances on how far – if at all – the Fund’s local asset base may increase.

The Fund is also likely to establish in-house expertise to assess some opportunities because of the lack of depth in the local investment management market………Full Article: Source


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