The New Zealand Superannuation Fund, established in 2003 with NZ$2.4 billion, has grown to NZ$76.65 billion by mid-2024. As it reaches its 20th anniversary, the fund is focusing on large-scale infrastructure investments, especially in energy transition, to maintain its competitive edge. Despite strong public market performance, its active management has consistently outperformed benchmarks over the long term. Leadership changes have occurred, with Jo Townsend as the new CEO. The fund’s total portfolio approach, emphasizing a long-term view, supports its strategy of developing future-oriented infrastructure projects, including a significant offshore wind farm collaboration.
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