NEW ZEALAND - The NZ$10.1bn New Zealand Superannuation Fund recorded an impressive 19.2% return for the year ended June 2006 thanks to "bouyant" global equity markets.
The fund enjoyed significant growth over the year, increasing from $6.6bn to $10.1bn net of current and deferred tax, thanks largely to a $2.3bn government contribution and $1.4bn in pre-tax invest...
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