Subscribe today - find out more
Why you should consider BusinessDesk
Opinion

ESG exclusive: Court finds Cullen Fund not responsible for everything

David Chaplin
Wed, 24 Mar 2021

ESG exclusive: Court finds Cullen Fund not responsible for everything
David Chaplin
Wed, 24 Mar 2021
Almost 20 years after he floated the concept, Sir Michael Cullen is rarely linked to the New Zealand Superannuation Fund by name these days.But if the ‘Cullen Fund’ is no longer in common usage as shorthand for the Super Fund, the now more than $55 billion sovereign wealth fund retains its political roots.Since going live in 2003, the fund has been subject to numerous government nudges, most famously a directive from then finance minister Bill English in 2009 to ramp up its local investments to 40% of total fund assets.The fund neat...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Technology
The Bose QC45 are simply great headphones
Henry Burrell | Sat, 04 Dec 2021

They’re feature-light compared to some rivals, but top-end noise cancellation and supreme comfort make these headphones a fine buy. 

On the Money
On the Money: Greg Foran's golden words, Colin Neal, Chris Meehan, and more
Rebecca Stevenson | Sat, 04 Dec 2021

OTM this week: the value of a broken-down old shopkeeper, Colin Neal's next Move, Chris Meehan's real meaning of long-term, and more. 

Opinion
Long live the broker, the broker is dead
Brian Gaynor | Sat, 04 Dec 2021

An increase in direct listings on the NZX is a welcome development, but they won’t gain any significant traction until brokers embrace them.

Sponsored
Creating a sustainable transport future today

TR Group assist businesses with the journey of de-carbonising heavy commercial fleet or the logistics around distributing products and services.

Sponsored
Statutory reform can deliver momentum to land transport decarbonisation

To met the government's ambitious net carbon zero target, New Zealanders need to reduce their reliance on cars.