40:
576:
182:
165:
458:. The loss represented 0.7% of the total value of the Superfund's investment portfolio at that time. Managers of the Superfund appeared before Parliament's commerce select committee on 26 February 2015 where they confirmed that legal action had been commenced against the
295:
suspended payments to the fund. Contributions were proposed to resume in 2020/21 when the
Government's net debt to GDP was forecast to fall below 20% again. Instead, the new Labour-led government started payments into the superfund again in December 2017. The
251:
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
355:
On Feb, 28th 2014, The Fund sold 2.5% of its stake in the
Kaingaroa Timberlands Partnership to the Kakano Investment Limited Partnership, reducing its share from 41.25% to a 38.75% stake in the Kaingaroa partnership.
810:
39:
548:. Chief investment officer Matt Whineray stated, "We think that climate change represents a material risk, one that is not being properly priced by the markets."
253:
605:
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704:"Guardians of New Zealand Superannuation: Governance and management of the New Zealand Superannuation Fund – Office of the Auditor-General New Zealand"
1016:
851:
292:
1216:
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277:
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364:
Other investments include a 7,943,351 share (0.71%) stake in partially state-owned and controlled (51.95% - state-owned portion) company
332:
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496:
In August 2017 the
Superfund quit or reduced holdings in 300 fossil fuel companies, making 40% of all Superfund investments
327:
The Fund invested US$ 60 million into
Chicago based LanzaTech in December 2014. On March 8, 2022, LanzaTech announced its
959:
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430:
423:
558:
Aotearoa had been campaigning for the New
Zealand Superfund to divest from fossil fuels for one year. 350 Aotearoa and
269:
93:
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981:
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268:
The
Superannuation Fund was created by the New Zealand Superannuation and Retirement Act 2001 on 11 October 2001 by
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927:"WSJ News Exclusive | Carbon-Transformation Startup LanzaTech is Going Public in $ 2.2 Billion SPAC Deal"
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455:
407:
344:
586:
529:
257:
590:
525:
505:
316:
343:
During August 2015, The New
Zealand Superannuation invested US$ 75 million into American-based
287:
The sovereign fund posted a record 25.8% return in the twelve months till 30 June 2013. In the
934:
625:
403:
232:
614:
459:
814:
399:
365:
834:
436:
Companies involved in the manufacture of civilian automatic and semi-automatic firearms.
537:
497:
470:
The
Superfund's investment portfolio is the subject of ongoing debate. Labour Party MP
248:
200:
1263:
1034:"Companies excluded from the New Zealand Superannuation Fund as at 26 September 2014"
486:
471:
451:
414:
369:
900:"Te Pūia Tāpapa Fund and NZ Super Fund commit to preferred partner relationship"
490:
244:
110:
372:. The Fund occasionally cooperates with outside companies to develop projects.
541:
501:
938:
315:
A full list of investments for current and previous years can be seen at the
1017:"New Zealand Sovereign Wealth Fund Forms Offshore Wind Partnership with CIP"
509:
1217:"Super Fund's $ 950m fossil fuel divestment an "aha" moment for NZ economy"
17:
104:
796:
New
Zealand Superannuation Fund Posts Record 25.8% Return for 2012-2013
555:
517:
392:
1061:"NZ Super Fund loses $ 200m after 'risk free' loan to Portuguese bank"
562:
supported the decision, calling it a "turning point for New Zealand."
380:
The Superfund maintains a list of excluded companies similar to the
450:
In February 2015 the Superfund wrote off a $ 150 million loss in a
474:
called in August 2014 for divestment from a company manufacturing
384:. The Superfund will not invest in the companies within the list.
174:
670:
852:"Jacinda Ardern and Grant Robertson restart Super Fund payments"
1246:
798:". Sovereign Wealth Fund Institute. Retrieved 3 September 2014.
729:
303:
NZ Super Fund announced a preferred partner agreement with the
569:
214:
1047:"Automatic and semi-automatic weapon ban for NZ Super Fund"
752:"New Zealand Superannuation and Retirement Income Act 2001"
513:
691:
300:
had contributed $ 21.8 b to the fund as at 31 March 2022.
1254:
New Zealand Superannuation and Retirement Income Act 2001
608:
and tools are available to assist in formatting, such as
347:
company View with a percentage owned not being released.
1165:"Superfund Sells Shares to Cut Climate Change Exposure"
489:
called for the Superfund to divest $ 676 million from
260:
on best practice in managing sovereign wealth funds.
1191:"Superfund Divestment shows real climate leadership"
429:
Companies involved in developing settlements in the
335:
in a deal that valued the company at $ 2.2 billion.
420:
Companies involved in the processing of whale meat;
209:
199:
189:
172:
155:
117:
99:
89:
71:
56:
46:
960:"NZ Super Fund invests in US smart glass company"
774:"National's KiwiSaver and "Cullen Fund" policies"
1139:"Greens want NZ Super Fund to drop fossil fuels"
724:International Forum of Sovereign Wealth Funds.
1087:"Super Fund confirms Portugal bank legal case"
368:. The Super Fund also holds a 37.59% stake in
237:Te Kaitiaki Tahua Penihana Kaumātua o Aotearoa
254:International Forum of Sovereign Wealth Funds
8:
589:, which are uninformative and vulnerable to
32:
604:and maintains a consistent citation style.
247:. New Zealand currently provides universal
667:"2018 New Zealand Superfund Annual Report"
38:
31:
646:Learn how and when to remove this message
398:Companies involved in the production of
1256:on the New Zealand Legislation website.
658:
205:Guardians of New Zealand Superannuation
828:"Budget 2015 - Fiscal Strategy Report"
319:page at the NZ Super Fund's website.
7:
1113:"NZ Super Fund has deadly portfolio"
280:, and is colloquially known as the "
27:Sovereign wealth fund of New Zealand
596:Please consider converting them to
333:special-purpose acquisition company
168:NZ$ 4.0 billion (year to June 2018)
1285:Government finances in New Zealand
256:and is therefore signed up to the
25:
925:Ramkumar, Amrith (8 March 2022).
776:. Chapman Tripp. 13 November 2008
454:organised loan to the Portuguese
382:Government Pension Fund of Norway
351:Kaingaroa Timberlands Partnership
574:
485:In February 2015 Green Party MP
185:NZ$ 72.2 billion (February 2024)
181:
180:
164:
163:
560:Greenpeace Aotearoa New Zealand
229:New Zealand Superannuation Fund
33:New Zealand Superannuation Fund
906:(Press release). 13 March 2018
600:to ensure the article remains
1:
1221:greenpeace.org/new-zealand/en
833:. 21 May 2015. Archived from
520:, New Zealand Oil & Gas,
431:Israeli-occupied territories
424:Tokyo Electric Power Company
462:to recover the lost money.
77:; 23 years ago
1306:
808:"CONTRIBUTIONS SUSPENSION"
413:Companies involved in the
149:- Chief Investment Officer
1280:Retirement in New Zealand
1270:Government of New Zealand
813:15 September 2014 at the
194:Government of New Zealand
143:- Chief Executive Officer
37:
61:Institutional investment
692:https://nzsuperfund.nz/
329:initial public offering
289:2009 New Zealand budget
278:Fifth Labour Government
1275:Sovereign wealth funds
1091:The New Zealand Herald
1065:The New Zealand Herald
554:campaign organisation
552:Fossil fuel divestment
298:New Zealand Government
236:
874:"NZ Super Fund Story"
500:. Companies include:
480:Israeli Defence Force
478:which is used by the
317:Annual Equity Listing
305:Māori Investment Fund
241:sovereign wealth fund
65:sovereign wealth fund
1036:, nzsuperfund.co.nz/
817:, nzsuperfund.co.nz/
732:on 27 September 2016
546:Occidental Petroleum
456:Banco Espirito Santo
446:Banco Espirito Santo
408:anti-personnel mines
345:electrochromic glass
339:View | Dynamic Glass
137:- Chair of the Board
931:Wall Street Journal
726:"IFSWF Our members"
387:The list includes,
293:National Government
274:Minister of Finance
258:Santiago Principles
130:Minister of Finance
34:
1145:. 13 February 2015
1093:. 27 February 2015
1067:. 19 February 2015
854:. 15 December 2017
673:on 25 January 2019
526:Berkshire Hathaway
524:, Alliant Energy,
1117:Sunday Star-Times
656:
655:
648:
606:Several templates
404:cluster munitions
391:Companies in the
360:Other Investments
225:
224:
16:(Redirected from
1297:
1250:
1249:
1247:Official website
1233:
1232:
1230:
1228:
1223:. 15 August 2017
1213:
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1197:. 15 August 2017
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1171:. 15 August 2017
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1049:. 12 April 2019.
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1023:. 29 March 2022.
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962:. 13 August 2015
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728:. Archived from
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669:. Archived from
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578:
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476:white phosphorus
460:Bank of Portugal
221:
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158:Operating income
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1119:. 3 August 2014
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996:"Shareholdings"
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982:"Shareholdings"
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840:on 22 May 2015.
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815:Wayback Machine
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400:nuclear weapons
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366:Air New Zealand
362:
353:
341:
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307:in March 2018.
272:, who was then
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147:Stephen Gilmore
135:John Williamson
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1239:External links
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598:full citations
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538:ConocoPhillips
522:Genesis Energy
498:carbon neutral
467:
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880:. 10 May 2022
879:
878:NZ Super Fund
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754:. 7 July 2010
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487:Russel Norman
483:
482:as a weapon.
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472:David Shearer
465:
463:
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453:
452:Goldman Sachs
445:
441:Controversies
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415:Grasberg mine
412:
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370:Datacom Group
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1227:20 September
1225:. Retrieved
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736:24 September
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217:.nzsuperfund
175:Total assets
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100:Headquarters
47:Company type
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1290:Helen Clark
1195:scoop.co.nz
1143:Stuff.co.nz
910:15 December
636:August 2022
493:companies.
491:fossil fuel
311:Investments
282:Cullen Fund
245:New Zealand
141:Jo Townsend
111:New Zealand
51:State-owned
18:Cullen Fund
1264:Categories
1001:2 December
966:2 December
709:2 December
677:11 October
602:verifiable
566:References
542:Mitsubishi
502:ExxonMobil
466:Divestment
376:Exclusions
331:through a
276:under the
264:Foundation
119:Key people
939:0099-9660
587:bare URLs
534:Rio Tinto
395:industry;
323:LanzaTech
1169:Radio-NZ
1149:23 March
1123:23 March
1097:23 March
1071:23 March
944:17 March
811:Archived
591:link rot
506:Anadarko
105:Auckland
57:Industry
556:350.org
530:Chevron
518:Statoil
393:tobacco
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210:Website
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780:12 May
758:12 May
611:reFill
201:Parent
858:9 May
838:(PDF)
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585:uses
510:Shell
233:Māori
190:Owner
1229:2017
1203:2017
1177:2017
1151:2015
1125:2015
1099:2015
1073:2015
1003:2016
968:2016
946:2022
935:ISSN
912:2022
886:2022
860:2018
782:2011
760:2011
738:2016
711:2016
679:2018
619:and
544:and
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
