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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

N.Z. Superannuation Fund ends agreements with ING, Smartshares

Posted on 21 July 2009

From Bloomberg: The New Zealand Superannuation Fund, which manages money the government will use to help pay future pensions, has ended agreements with ING (NZ) Ltd. and Smartshares Ltd. to reduce costs.

The Auckland-based fund will manage these mandates internally, giving it greater flexibility and utilize its own resources, it said in a statement posted on its Web site……..Full Article: Source


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