Revealed: NZ Super Fund's largest tech investments - News Summed Up

Revealed: NZ Super Fund's largest tech investments


Photo / GettyFollowing the Christchurch mosque shootings, the $49 billion NZ Super Fund joined other sovereign funds in a campaign to pressure social media platforms. The Super Fund's annual report does note that Facebook, Google and Twitter have put more effort into finding and removing harmful content. Elsewhere, the Super Fund has reported that its local tech stock holdings are very similar to last year, as of June 30, 2020. The US equity markets - home to some $9.1b in NZ Super Fund investments - continue to loom largest on our sovereign fund's radar. This being the technology section, I've concentrated on tech stocks - but they also happen to dominate the NZ Super Fund's top US holdings (our fund's largest non-tech holding is $167m Johnson & Johnson stake, at sixth).


Source: New Zealand Herald October 20, 2020 00:45 UTC



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