NEW ZEALAND - The New Zealand Superannuation Fund returned 4.42% in December 2010, up from -0.38% in the previous month, due to an increase in global equities.
The fund's assets increased to NZ$18.21bn ($14.12bn) at the end of the year, from NZ$17.43bn at the end of November. Returns have fluctuated since July's 4.76%, declining to -1.37% in August, in...
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