NEW ZEALAND - The New Zealand superannuation fund has reported a strong performance for the first quarter of 2010, boosted by continued investor appetite for stocks worldwide.
The pension fund returned 4.29% in March after fees but before tax, adding NZ$679m ($US483m) to the fund's value. In the financial year to end of March, the fund returned 22.27%, expanding the f...
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
