NZS

New Zealand’s sovereign wealth has set its future 20-year rolling returns forecast well above the risk-free rate but below the annualised 10 per cent it achieved in its first two decades of operation.

Global equities, machine learning mandates and trend following in cocoa markets helped NZ Super to generate 14.9 per cent for the year, but the fund just undershot its own benchmark even as it remains ahead of return expectations.

The $74 billion New Zealand Super has shot the lights out with a chunky one year return and is now looking to “scale and optimise” its organisation as it eyes a projected doubling in size over the next decade.

The NZ Superannuation Fund has notched up back-to-back results as the best-performing and one of the most-sustainable sovereign investment vehicles in the world in a new review of the sector.

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”.

Long-time NZ Superannuation Fund (NZS) chief Matt Whineray will step down in a planned pre-Christmas exit after more than a decade at the organisation.

The NZ Superannuation Fund (NZS) has confirmed a trio of senior appointments, luring two overseas candidates to assume the plum positions.