NEW ZEALAND - The New Zealand Superannuation fund has returned -11% for the third quarter of 2011.
The fund's value declined to NZ$16.6bn ($13.2bn) from the $19.03bn reported at then end of June, the end of the fund's fiscal year. In September alone, the fund was down 3.67% due to the ongoing...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- 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