Long-serving ACC investment chief calls it a day

Long-serving ACC investment chief calls it a day
Paul McBeth
Accident Compensation Corp's chief investment officer Nicholas Bagnall is calling it a day after spending more than a quarter of a century helping build the state-owned workplace insurer's investment portfolio to some $45 billion. Bagnall will leave ACC this month to set up his own shop - Te Ahumairangi Investment Management - which will focus on international equities. ACC will sign on as a cornerstone customer. "The work Nicholas has done for ACC and New Zealand has been outstanding. This is demonstrated by the ACC investment fund’s...

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