The Fund's purpose is to smooth the tax burden of the rising cost of NZ Superannuation, by investing money today to pay for pension entitlements in the future.
"The importance for the industry as a whole of being clear about what you're trying to do, but then also celebrating success when it does come about."
@conorroberts (@NZSuperFund) at #RIAotearoaNZ22 on global collaborative engagement following the Christchurch terror attacks.
Titiro ki tēnei - ā mātou kōrero mō Te Kaitiaki Tahua Penihana Kaumātua o Aotearoa.
Check this out - our story of the NZ Super Fund.
Hei tautoko i te Wiki o te Reo Māori.
#tewikiotereoMāori#MaoriLanguageWeek
https://t.co/XrXLjIn2Rz
This week it’s Te Wiki o te Reo Māori (Māori Language Week) here in Aotearoa New Zealand.
This beautiful and unique language helps provide a greater understanding of te Ao Māori (the Māori worldview).
We’ve put together a video that explains who we are and what we do in te reo (with subtitles in English).
Why not take less than 2 minutes to watch our short video? You might learn something new about us, and you’re sure to learn some new kupu (words).
New Zealand's sovereign wealth fund, @NZSuperFund, shifted about 40% of its investment portfolio worth $15.3 billion into low-carbon indexes as part of a sustainability push.
https://t.co/BUONPbPbYX
Our analysis suggests the new benchmarks would have historically delivered superior returns to our previous index. Our modelling also shows that the carbon reductions we've made since 2017 haven't hurt the financial performance of the Fund. Read more here https://t.co/A4JSLYFFiq
We've shifted $25b of equities in our Reference Portfolio to align with the Paris Agreement and further reduce the Fund's exposure to carbon emissions. The shift will also significantly reduce the number of publicly listed companies that the Fund owns directly.
In addition to alignment with climate goals, we expect these new indices to deliver better ESG across the board. A smaller, more concentrated portfolio will be cheaper to run, and more manageable for us when looking to identify and engage on RI issues.
This considerably reduced the impact of the broad market downturn and was the second best active returns result the Fund has achieved since we started investing in 2003.
You can read our release about the result here: https://t.co/KDDXiHayWb
We've released our annual result to 30 June showing Fund NAV as $55.7b - down from $59b at the end of the previous financial year (-6.99%). However, our active management strategies out-performed our passive benchmark by 7.25%, generating a record $4.5 billion in value add.
We're aware of a scam where criminals impersonating NZSF employees have tricked people into thinking they’re investing with the Fund. It's important to note: we do not invest on behalf of individuals and we will never contact individuals to offer investment opportunities.
Exclusive: Super Fund targeted by increasingly sophisticated investment scammers - distraught victim has warning for others
https://t.co/CinEr2VfGz https://t.co/CinEr2VfGz
In one of the latest operations targeting New Zealanders, scammers are impersonating NZ Super Fund. Investor Capability Manager Tammy Peyper says to be vigilant of unsolicited offers from trusted brands. “It’s really a specifically devious form of scam”
https://t.co/v3RMrGk93w
Check out our CEO Matt Whineray talking to @radionz's Kathryn Ryan about the @KiwibankNZ transaction and how it all came together: https://t.co/bgxIK5fvLh
We have accepted a $527m offer from the Crown for our 25% shareholding in Kiwi Group Holdings Limited (KGHL), which owns @KiwibankNZ and New Zealand Home Loans, valuing the company at over $2.1b.
We continue to work to identify suitable domestic investments that meet the Fund’s commercial requirements while delivering environmental and social benefits.