NZ Super slumps in November

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NEW ZEALAND - The New Zealand Superannuation Fund posted returns -0.38% in November due to significant falls in the global fixed income markets.

The fund's asset value declined to NZ$17.43bn ($13.23bn) at the end of November from NZ$17.67bn in October. Returns have fluctuated since July's 4.76%, decreasing to -1.37% in August and increasing...

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