NZ Super kicks off rural land startegy

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NEW ZEALAND - The Guardians of New Zealand Superannuation have appointed FarmRight as the first investment manager in its rural land strategy and acquired its first dairy property in West Otago.

The Guardians' long term plan is to own or part-own a portfolio of New Zealand farms and expects to invest up to NZ$300-500m ($231-386m) over five years. The Guardians' manager Matt Whineray sai...

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