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Strong global markets drive NZ Super Fund returns

The ‘Magnificent Seven’ were behind much of the increase.

The New Zealand Superannuation Fund.

Brent Edwards Mon, 09 Sep 2024

The New Zealand Super Fund’s investment portfolio has grown by more than $10 billion in the past year.

Its annual report for the year ended June 30 said the value of the fund has reached a record $76.6b, up from $65.4b a year earlier.

Government contributions to the fund were $1.6b, while the fund

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Brent Edwards Mon, 09 Sep 2024
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Strong global markets drive NZ Super Fund returns
Finance,
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