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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

NZ Super overhauls portfolio

Posted on 28 October 2010

From Pionline.com: The NZ$16 billion (US$12.07 billion) New Zealand Superannuation Fund, Auckland, has upped its exposure to global equities by NZ$2.2 billion following a portfolio review earlier this year.
The fund increased its global share holdings, achieved mainly via derivatives, in line with the updated strategic asset allocation benchmark, now dubbed the “reference portfolio,” according to a fund spokesperson……………………………………….Full Article: Source


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