Newsmakers
NZ Super Picks Internal Candidates as New Co-CIOs
Brad Dunstan and Will Goodwin will be promoted to share the investment chief position.
Tag: New Zealand Superannuation Fund
Asset Allocation
Australia’s Future Fund, QIC Buy 19.8% Stake in Toll Road Owner Connect East
Future Fund CIO Ben Samild said the deal is in line with the A$223.4 billion sovereign wealth fund’s strategy to increase its Australian dollar exposure.
Corporate Moves
NZ Super Begins Hiring Process for Next CIO
Applications for the position are due July 1.
Asset Allocation
Total Portfolio Approach: A New Way to Construct Asset Allocations
CAIA and several asset owners are adopting a new model for choosing and managing assets.
Regulation
Allocators Condemn UK Regulator’s Plan to Limit Investor Approvals
As it stands, shareholders must assent to M&A or related-party deals. But the FCA wants to ease listing requirements to stem companies decamping to New York exchanges.
Our Data, Ourselves
Allocators are facing new questions on valuations in light of recent market volatility. Some say the market stress could provide a new opportunity to improve fund governance.
Alternatives
NZ Super Fund, Ontario Teachers’ Buy Australian Pathology Firm
The pension funds are each taking a 50% stake in Asia Pacific Healthcare Group in a $362 million sale.
Newsmakers
New Zealand Super to Divest from Seven Gun Companies
Christchurch shootings, tighter firearm laws make for a quick decision from fund’s guardians.
Newsmakers
New Zealand Super’s Proxy Drive Against Big Tech Grows to 23 Institutions
Outraged by social media’s showing of the Christchurch massacre, the pension fund enlists other plans to push its cause.
New Zealand Super Leads Christchurch Charge Against Tech Lords
National five-fund coalition targets Facebook, Google, and Twitter’s ‘severely damaged’ content-sharing functions.
Newsmakers
Future Fund’s Founding CEO Passes Away
Paul Costello, an ESG pioneer, built two world-renowned sovereign wealth funds from scratch.
Corporate Moves
CIO Matt Whineray Promoted to CEO at New Zealand Fund
New chief had been acting in the role since predecessor left for central bank gig.
Newsmakers
New Zealand Super Fund Shifts Passive Equities to Low Carbon
Fund moves $10.2 billion into eco-friendlier firms, eyes active investments next.