NZ Super Fund Moves Billions into Low Carbon Equity Indices Amid High-Cost Energy Global Environment
Posted on 09/14/2022
After a money-losing fiscal year for 2022 and the rising cost of global energy, the New Zealand Superannuation Fund (NZ Super Fund) moved roughly 40% of its overall investment portfolio to market indices that align with the Paris Climate Agreement, the international climate change treaty. The fund is moving equity allocation away from energy stocks…