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Guardians research bid denied
Friday 18th of June 2004
The Guardians asked the government for an extra $1 million for the 2004-05 year to, amongst other things, develop the organisation’s knowledge and ability to invest in illiquid asset classes including private equity and infrastructure.”Some of the $1 million was also to go on an investment management information system.
The New Zealand Superannuation Fund has a target of about 13% of asset...
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