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Why NZ Super could retain its long term return target

The sovereign wealth fund is considering a rebalancing of its passive reference portfolio, but its long term investment targets may be less impacted by current coronavirus concerns.
Why NZ Super could retain its long term return target
This article is based on an interview that took place in early March, before the full extent of the coronavirus outbreak was clear. It originally appeared in AsianInvestor's Spring 2020 edition. New Zealand Super has had a lot of reflecting to do in current market circumstances. The drop of equity markets and cuts in interest rates to near zero or negative levels have left it with many questions to ponder - particularly in the run up to a rebalancing of its passive reference port…
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