OPINION: KiwiSavers could learn some lessons from the government-owned NZ Super fund. The NZ Super Fund is a $43.8 billion pool of money invested by the grandiosely-named Guardians of New Zealand Superannuation. One day, when public pressure forces it, the KiwiSaver scheme providers will also emulate the NZ Super Fund in actively working to reduce the carbon footprints of their funds. SUPPLIED NZ Super Fund chief executive Matt Whineray heads the (mostly male) team looking after $43.8 billion. For its overseas money, the NZ Super Fund is invested passively, keeping fees as low as possible, and mirroring the markets.

Source: Stuff September 26, 2019 16:52 UTC