New Zealand Sovereign Fund Commits to Domestic Expansion Capital
Posted on 07/01/2013
Often time sovereign funds allocate capital within their home markets. Positive externalities include local job creation and higher tax revenue for the government. In terms of small to medium-sized businesses, they tend to generate a significant portion of a country’s gross domestic product. Being a cornerstone investor, the New Zealand Superannuation Fund (NZSF) committed NZ$ […]