NEW ZEALAND - The national Superannuation Fund experienced its worst monthly performance of the fiscal year in November 2007, with a negative -3.52% return.
The fund stood at NZ$13.67bn (US$10.8) at 30 November 2007, having fallen by $329m that month. In the fund's 2007 annual report, Adrian Orr, CEO, said the management would carry out "an overall ...
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