NEW ZEALAND - The New Zealand Superannuation Fund has appointed Smartshares Limited to manage a passive New Zealand equities mandate.
The chosen benchmark for the portfolio is a modified version of the NZSX 50 Index. The modification caps the maximum allowable index weight of any one company at 15%. The fund said the appointme...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
