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ACC lauds investment team
Tuesday 4th of October 2016
ACC’s investments have beaten the benchmark for the 21st year in a row.
It released its financial statements for the 2016 year, which show a deficit.
But there was a 10.22% return on its investments. Investment income grew to $3.3 billion, $1.6b higher than budgeted. Net investment assets reached $34.8b.
Its investment return was 0.55% above the benchmark. It had a global e...
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