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Sovereign Wealth Funds Briefing - Categorized | Performance

NZ Super Fund rebounds

Posted on 12 October 2010

From Smh.com.au: The New Zealand Super Fund says it has benefited from the rebound in global equity markets, with a 15.45 per cent return for the year ended June.
That compared with a 22.1 per cent slide a year earlier. Fund chairman David May said the return represented a 12.85 per cent premium to the risk-free rate — which for the fund is the return on 90-day New Zealand Treasury bills — for the year……………………………………….Full Article: Source


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