ESG exclusive: Court finds Cullen Fund not responsible for everything

ESG exclusive: Court finds Cullen Fund not responsible for everything
David Chaplin
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...

More Opinion

The reasonable terms of the methane debate
Opinion

Adrian Macey and Dave Frame: The reasonable terms of the methane debate

Promoting methane reduction policies that would make the world warmer make no sense.

Hopium is not a strategy
Opinion

Dileepa Fonseka: Hopium is not a strategy

Unjustified optimism is everywhere, and it’s not helping.

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Simon Robertson 05 Jul 2025
Cleantech: Burst bubble or our biggest opportunity?
Opinion

Peter Griffin: Cleantech: Burst bubble or our biggest opportunity?

A thriving cleantech sector could be NZ’s ticket to a sustainable, high-value economy.

Peter Griffin 02 Jul 2025