NZ Super Fund announces asset allocations
The New Zealand Superannuation Fund today said it would spread its investments widely to deliver on its goal to maximise its returns for the future benefit of all New Zealanders.
Chairman of the Board of Guardians of New Zealand Superannuation David May said the Board had considered a detailed report from principal investment adviser Mercer Investment Consulting, with supporting advice from Russell Investment Group and the Fund’s own management team.
Mr May said the allocations chosen reflected the Fund’s desire to spread its investments widely in order to achieve the best return available over the long term. The asset allocations are as follows:
Asset
class
Invested
in 2023
$
billion
Proportion
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