15.10.2013 - Northern Trust gets new passive equity mandates from NZSF
New Zealand Superannuation Fund appoints Northern Trust to new passive global equities mandates. The NZ$23 billion New Zealand Superannuation Fund has appointed Northern Trustís asset management arm, a leading global provider of index, active and multi-manager solutions, to manage four new passive global equities mandates. The mandates track global large cap, global small cap, developed emerging markets and developed REITs (real estate investment trust) market indices. Fiona Mackenzie, Head of Investments for the New Zealand Superannuation Fund, said around two-thirds of the Fund was invested passively, providing cost-effective access to diversified global share-markets...............................................Full Article: Source
Print