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Sovereign Wealth Funds Briefing - Categorized | Performance

Super Fund’s ‘super’ return makes fool of Govt

Posted on 12 October 2010

From Scoop.co.nz: The latest results from the New Zealand Superannuation Fund — with the Fund returning 15.45 percent in the year to 30 June 2010 — show how foolish the Government has been in suspending pre-funding of contributions, says Labour Finance spokesperson David Cunliffe.
“This strong investment performance by the Fund proves yet again how short-sighted Government policies are,” David Cunliffe said……………………………………….Full Article: Source


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