Overview:The New Zealand Superannuation Fund invests money, on behalf of the New Zealand Government, to help pay for the increased cost of universal superannuation entitlements in the future. By doing this the Fund adds to Crown wealth, improves the ability of future Governments to pay for National Superannuation, and ultimately reduces the tax burden on future New Zealanders of the cost of superannuation.
A long-term, growth-oriented investor, the Fund has more than NZ$29 billion in assets, including around $3.8 billion invested in New Zealand.
The Fund is managed by the Guardians of New Zealand Superannuation. The Guardians, an Auckland-based organisation with around 100 staff, has a track record as one of the most innovative, responsible and transparent institutional investors globally. As well as working with more than 40 external investment managers, the Guardians also undertakes a range of investment activities in-house.