NZ Super warns of lower gains in short term after returning 21% in 2019

NZ Super warns of lower gains in short term after returning 21% in 2019

Photo: Reuters

New Zealand Superannuation Fund (NZ Super Fund), the country’s NZ$47-billion ($30 billion) sovereign wealth fund, anticipates lower returns than what it has enjoyed in recent years as it is taking a less active risk in the short term due to what it foresees as a challenging market this year.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter