Behind NZ Super Fund’s record-breaking year

Behind NZ Super Fund’s record-breaking year
The NZ Super Fund has an all-out attack philosophy. (Image: Getty)
Australian Financial Review
It’s the Bledisloe Cup of sovereign wealth funds – Australia’s A$196.7 billion Future Fund up against the $58 billion (A$56 billion) NZ Super Fund.While both institutions have the same task of managing and growing the nation’s wealth, they deploy entirely different game plans.The Future Fund adopts a cautious approach, mindful of being exposed to large corrections and the pitfalls of a potentially hostile investing environment. It often holds large amounts of cash and at times positions its portfolio in a risk-averse way...

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