12.10.2010 - NZ Super Fund rebounds

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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