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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

NZ Superfund has negative return in Aug

Posted on 23 September 2010

From Smh.com.au: The New Zealand Superannuation Fund’s 60 per cent exposure to global equities has cost it in August, helping produce a $NZ230 million ($A177.7 million) loss in the month.
The fund made a negative return of 1.37 per cent in August compared to a positive 4.76 per cent return in July. It has made a 5.85 per cent annualised return since inception in the 2003/04 year……………………………………….Full Article: Source

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