New Zealand Super

The New Zealand Superannuation Fund “stands out among global peers”, according to WTW, but should consider its approach to systemic risk and greater insourcing of its private markets investments, as well as establishing an overseas presence to improve access to deals and talent.

New Zealand’s sovereign wealth fund has named the long-time head of its strategic tilting strategy to temporarily fill the gap left by departing chief investment officer Stephen Gilmore.

The NZ Superannuation Fund (NZS) now manages about 30 per cent of its assets internally, with some of them in the capable hands of a new artificially intelligent portfolio manager dubbed “Keorangi”.

Australia’s sovereign wealth fund and New Zealand Super have topped this year’s Global SWF governance, sustainability and resilience rankings, while institutions the world over are rethinking their investment strategies amidst market ructions.