New Zealand Superannuation Fund Posts Record 25.8% Return for 2012-2013
Posted on 08/27/2013
A great performing year for the New Zealand Superannuation Fund (NZSF) as it posted a record 25.8% return in the twelve months till June 30, 2013. The last highest annual return was in 2010-2011, yielding 25.1%. The sovereign fund aims to pre-fund New Zealanders’ universal superannuation entitlements. The NZSF is now worth $23 billion. According […]
