NZ Super says could lose $20b in event of another global financial crisis

NZ Super Fund's leadership team (from left) Sarah Owne, Mark Fennel, Matt Whineray, Stewart Brooks, Mika Austin, and Davis Sara.

Sovereign wealth fund New Zealand Superannuation Fund (NZ Super Fund) could lose as much as $20.3 billion out of its coffers in the event of a repeat of the global financial crisis, according to its latest annual report.

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