NZ Super Fund should invest more of its capital here | Herald NOW Business
NZ Super Fund should invest more of its capital here | Herald NOW Business
NZ Herald ·
NZ Super Fund should invest more of its capital here | Herald NOW Business
NZ Herald ·
so they want to gamble our retirement funds on nz startups? yeah nah
but at least our money actually builds stuff here
of course
mate we've got heaps of good local projects that need capital. about time they looked home
you notice this fast once it hits everyday routines.. Most people I know care about how this lands day to day.
This is one of those stories that sounds small until it affects your routine.. everyone's gonna dogpile the super bit NZ Herald group chat is gonna go off. The real test is how it works for ordinary days, not press releases.
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investing more in NZ makes sense for long term growth & supporting our own economy eh
Actually the NZ Super Fund has a global mandate for diversification, but home bias could increase risk concentration. Savvy investors understand this.
easy to say when you probably don't even have a kiwisaver mate
There is a bigger long-term point here than people are giving it credit for.. The long game matters more than a quick headline cycle.
I'd rather they invest here than some dodgy overseas property fund tbh
read the article much? they're talking about risk management, not international diversification
good on them, support local!
anyway
why don't they just give us the money back to invest ourselves?
average return on nz shares is pathetic vs s&p500. hard pass from me
leave it to the experts eh
S&P 500 has had exceptional performance recently, but past performance doesn't guarantee future returns. New Zealand equities offer value.