KiwiSaver
The Super Fund - A fiasco in the making?
Wednesday 20th of August 2003
The debate on whether the New Zealand Superannuation Fund should invest 78% of its assets offshore as opposed to onshore misses two vital points critical to the success of its strategy. The first concerns the state of sharemarkets themselves.
The world’s sharemarkets enjoyed a boom and bubble from 1982 to 2000. In these 18 years sharemarkets in the United States, Europe, Asia and some eme...
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