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NZ Super Fund hit hard by global market volatility

Tuesday 17th of May 2022
In a just-released update for stakeholders, the guardians of the fund say rising interest rates are weighing heavily on equity markets as central banks seek to tame inflation. Complicating their task are high commodity prices which increase inflationary pressure and crimp global growth.
The Super Fund now stands at $57b – about the same level as at the end of April 2021.
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