News Round Up
Cullen defends Guardian's asset allocation
Let the battle begin
The Government’s decision to rob taxpayers of vital cash by diverting it into the New Zealand Superannuation Fund will put huge pressure on the Fund to perform, says Federated Farmers of New Zealand (Inc.) President Tom Lambie.
Macquarie economists argue that the NZ Superannuation Fund has a strong home market bias, and that will hold back its performance.
The Guardians of the New Zealand Superannuation fund explain why the New Zealand sharmarket gets so little of its money.
Floating term mortgage interest rates have eased across the board, while fixed rates firmed in the past month.
The Greens are labelling as “crazy” the decision to risk more than half of the New Zealand Superannuation Fund on offshore stockmarkets.
Some background questions and answers relating to the New Zealand Superannuation Fund.
Finance Minister Michael Cullen said the investment strategy devised for the New Zealand Superannuation Fund by the Board of Guardians and made public today met the requirements of the law.
The New Zealand Superannuation Fund today said it would spread its investments widely to deliver on its goal to maximise its returns for the future benefit of all New Zealanders.
Invercargill
Wellington
In what appears to be a major blue the New Zealand Superannuation Fund has prematurely released its targeted asset allocation model.
Wanganui
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