Photo / Jason OxenhamThe NZ Superannuation Fund has recorded its strongest ever investment return - bouncing back after a lacklustre year in 2020. But its chief executive has warned the strong returns won't last in an environment where investment has become more challenging with higher inflation and rising interest rates. Matt Whineray, chief executive of the NZ Super Fund, said the result was an exceptional one for the fund. The fund has a portfolio mix that was well-positioned to capture strong returns from rising asset values over the year." Given that time horizon, we've built a growth-oriented portfolio that will generate strong returns over the long term and performs strongly in periods of market expansion."

Source: New Zealand Herald September 14, 2021 00:22 UTC