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New Zealand Superannuation Fund information


New Zealand Superannuation Fund
Company typeState-owned
IndustryInstitutional investment (sovereign wealth fund)
Founded2001; 23 years ago (2001)
FounderMichael Cullen
Headquarters
Auckland
,
New Zealand
Key people
  • Nicola Willis - Minister of Finance
  • John Williamson - Chair of the Board
  • Paula Steed - Chief Executive Officer (Acting)
  • Stephen Gilmore - Chief Investment Officer
Operating income
Increase NZ$4.0 billion (year to June 2018)[1]
Total assetsIncrease NZ$72.2 billion (February 2024)[2]
OwnerGovernment of New Zealand
ParentGuardians of New Zealand Superannuation[3]
Subsidiaries
  • CNI Timber Operating Company[4]
  • NZSF Aotea[5]
Websitewww.nzsuperfund.nz

The New Zealand Superannuation Fund (Māori: Te Kaitiaki Tahua Penihana Kaumātua o Aotearoa) is a sovereign wealth fund in New Zealand. New Zealand currently provides universal superannuation for people over 65 years of age and the purpose of the Fund is to partially pre-fund the future cost of the New Zealand Superannuation pension, which is expected to increase as a result of New Zealand's ageing population. The fund is a member of the International Forum of Sovereign Wealth Funds and is therefore signed up to the Santiago Principles on best practice in managing sovereign wealth funds.[6]

  1. ^ https://ar2018.nzsuperfund.nz/[dead link]
  2. ^ https://nzsuperfund.nz/
  3. ^ "Guardians of New Zealand Superannuation: Governance and management of the New Zealand Superannuation Fund – Office of the Auditor-General New Zealand". Retrieved 2 December 2016.
  4. ^ "Shareholdings".
  5. ^ "Shareholdings". Retrieved 2 December 2016.
  6. ^ International Forum of Sovereign Wealth Funds. "IFSWF Our members". Archived from the original on 27 September 2016. Retrieved 24 September 2016.

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