New Zealand Superannuation Fund

New Zealand US$ 21.8 Billion Origin: Non-Commodity

Profile Directories

Sovereign Wealth Funds

Public Funds

Established: 2003
Transparency Rating: 10
View Sovereign Fund Transaction Data
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Firm Investment Style: Mixed
Entity Structure: Fund
Population Est.: 4.45 million – 2013
Wealth Per Capita Est.: $4,899

Fund Details

Strategy & Objectives

Fixed Income Managers

Equity Managers

Alternative Managers

SWF Asset Allocation

Key Executives and People


Main Office
New Zealand Superannuation Fund
Level 12, 21 Queen Street
Auckland 1010
New Zealand

Mailing Address
PO Box 106 607
Auckland 1143
New Zealand

Governance
The Guardian of New Zealand Superannuation, an independent Crown agency, manages and administers the New Zealand Superannuation Fund. All decisions relating to the business of the Guardians are made under the authority of the Board of the Guardians of New Zealand Superannuation.

new zealand superannuation fund

Summary
Established under the New Zealand Superannuation and Retirement Income Act 2001, the New Zealand Superannuation Fund was created to partially provide for the future cost of funding New Zealand Superannuation payments.

Background
Like many countries around the world, New Zealand has an aging population, with the number of retired people expected to double by 2050. Legally, the government of New Zealand must pay a universal retirement entitlement to all citizens aged 65 or over through a system called the New Zealand Superannuation.

The Crown plans to allocate around $2 billion a year to the New Zealand Superannuation Fund over the next 20 years. It is a Crown-Owned fund financed by capital contributions from the government of New Zealand.

Sovereign Wealth Enterprises include:

  • CNI Timber Operating Company Limited
  • NNZSF Rural Investments (No 1) Limited