ACC’s annual report shines a small light on its equities strategies
Has ACC lightened its holdings in banks due to pending Kiwibank purchase?
Jenny Ruth Fri, 07 Oct 2016
ACC rarely talks about the New Zealand stocks it invests in, both because of its government sector status and because it’s such a large player in the local share market.
The annual report shows ACC has $2.96 billion invested in New Zealand shares.
Comments by investment head Nicholas Bagnall
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