| The mighty All Blacks have won legendary status among rugby-loving nations, but a lesser-known New Zealand team is also quietly building its reputation among its peers. That team is NZ Super, the investment group created in 2001 to ensure pensions promises are met for New Zealand’s ageing population.
NZ Super has become the world’s fastest-growing sovereign wealth fund under the leadership of Adrian Orr, a former deputy governor of New Zealand’s central bank, who arrived in early 2007 as the global financial crisis was unfolding. Mr Orr embarked on a radical re-engineering of the fund’s investment strategy, ditching conventional asset allocation processes in favour of more risk tolerance...............................................Full Article: Source
|