Connect with us

New Zealand Superannuation Fund Releases Annual Report

Published

on

The NZ$ 23 billion (US$ 19.26 billion) New Zealand Superannuation Fund (Fund) released its 2012/2013 annual report today, and there are a few highlights.
For starters, the management team under CEO Adrian Orr achieved a record return for the Fund of 25.83%. Since the New Zealand Superannuation Fund began investing in September of 2003 it has returned 8.84% (after costs, before taxes), and it has surpassed its passive reference portfolio benchmark by 1.14% or NZ$ 2 billion.

As a nod to their long term mission, Chairman Gavin Walker said the Fund, “remained committed to a long-term, contrarian investment strategy that was strongly weighted to growth assets.”

The report itself has also gone through some changes as the Fund has matured. “This year, for the first time, we have also disclosed the value of each of the Fund’s investments with external asset and investment managers, and the percentage each of these investments makes up of the total Fund,” said Mr. Orr in a statement. This move for increased transparency in sovereign wealth funds is on the rise particularly among members of the International Forum of Sovereign Wealth Funds, of which Mr. Orr has recently been named deputy chair.

Reference Portfolio – New Zealand Superannuation Fund [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

QIA Becomes the Largest Shareholder in Colonial

Published

on

The Qatar Investment Authority (QIA) became the biggest shareholder of Inmobiliaria Colonial, SOCIMI, S.A. (Colonial), a Spanish listed real estate company. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Mumtalakat Discloses Investment in Khairat Bahrain

Published

on

Bahrain Mumtalakat Holding Company disclosed an investment in Sudan called Khairat Bahrain. This is an agricultural investment in Sudan. The food and agriculture sector is key investment sector for many Gulf-based state investors. Khairat Bahrain is located in the world’s richest expanse of groundwater (the Nubian Sandstone Basin) occupying an area of approximately 100,000 feddans (400 square kilometers). The Nubian Sandstone Aquifer System is the world’s largest known fossil water aquifer system.

Continue Reading

Temasek Acquires Cybersecurity Firm Sygnia

Published

on

Singapore’s Temasek Holdings agreed to acquire Sygnia, Inc., an Israeli cybersecurity technology and services provider. Unverified estimates of the deal amount are around US$ 250 million. Sygnia runs out of Tel Aviv, but has an office in New York. Sygnia assists companies respond to cyber threats.

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Continue Reading

Popular

© 2008-2018 Sovereign Wealth Fund Institute. All Rights Reserved. Sovereign Wealth Fund Institute ® and SWFI® are registered trademarks of the Sovereign Wealth Fund Institute. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. No affiliation or endorsement, express or implied, is provided by their use. All material subject to strictly enforced copyright laws. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. SWFI is a minority-owned organization.