NZ Super Fund boss Orr sees buying opportunities in volatility

Wed, 27 Jan 2016

By Edwin Mitson Jan. 27 (BusinessDesk) - Recent sharp swings in equity markets around the globe offers buying opportunities, says chief executive of the New Zealand Superannuation Fund Adrian Orr. For long-term investors like the super fund, it enables them to pick up assets at a lower price, Orr said in a statement. The NZ Super Fund set up to help pay pensions decades into the future saw a return on investment of 6.5 percent in 2015 and is now valued at just under $30 billion. "Volatile markets provide opportunities for us. We respo...

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