NEW ZEALAND - The CEO of the New Zealand Superannuation fund has warned that the portfolio's recent strong performance which has seen it grow from NZ$10.1bn to $13.1bn is unsustainable every year.
The Guardians of New Zealand Superannuation released the report for the financial year ended 30 June 2007, and the fund's net return on investments for the financial year was 14.58% before New Zealand...
NEW ZEALAND - The New Zealand Superannuation fund has returned -11% for the third quarter of 2011.
NEW ZEALAND - The New Zealand Superannuation Fund rose by 25% in the year to June to hit a new high of NZ$19.03bn ($14bn), its annual report shows.
AUSTRALIA/NEW ZEALAND - Northern Trust has appointed Rohan Singh as managing director of its Australia and New Zealand business.
NEW ZEALAND - The New Zealand Superannuation fund has returned 25.05% for its fiscal year ending June 2011.
NEW ZEALAND - More than half (57%) of New Zealanders believe that KiwiSaver membership should be compulsory, according to research released by the Financial Services Institute of Australasia (Finsia).