New Zealand Superannuation Fund Nears NZ$ 70 Billion
Posted on 02/13/2024
The New Zealand Superannuation Fund jumped in value in H2 2023, ending the year with assets of NZ$ 69.66 billion. The pre-tax return for 2023 was slightly over 16%. The treasury-based benchmark was only 5%. Paula Steed, Acting CEO of Super Fund said: “The value we create over and above the return on government debt…