New Zealand Superannuation Suspends Milford Asset Management

The Guardians of New Zealand Superannuation, the manager of the New Zealand Superannuation Fund (NZSF), has suspended the fund’s mandate with Milford Asset Management, a boutique investment management firm. The firm also manages money on behalf of KiwiSaver investors. The suspension will remain in place until New Zealand’s Financial Markets Authority (FMA) investigation into Milford Asset Management is completed.[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

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