Law and regulation

Salters Cartage owner cries poor while nobbling rivals. By Victoria Young

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Finance

Of politics, contradictions and NZ Super Fund's presentation

Jenny Ruth
Thu, 29 Oct 2020

Jenny Ruth
Thu, 29 Oct 2020
"If you're explaining, you're losing," said former US President Ronald Reagan about politics, but I generally find that the more complicated a business presents itself as being, the more that's an indication not all is well.A case in point is the New Zealand Superannuation Fund's 252-page annual report.On pages 48 and 49, the Super Fund illustrates 'Where We Invest' with a handy chart and a map of the world that tells you 13.9 percent of the fund is invested in NZ, and that has yo-yoed a bit, but increased from...

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