Company type | State-owned |
---|---|
Industry | Institutional investment (sovereign wealth fund) |
Founded | 2001 |
Founder | Michael Cullen |
Headquarters | , |
Key people |
|
NZ$4.0 billion (year to June 2018)[1] | |
Total assets | NZ$72.2 billion (February 2024)[2] |
Owner | Government of New Zealand |
Parent | Guardians of New Zealand Superannuation[3] |
Website | www |
The New Zealand Superannuation Fund (Māori: Te Kaitiaki Tahua Penihana Kaumātua o Aotearoa) is a sovereign wealth fund in New Zealand. New Zealand currently provides universal superannuation for people over 65 years of age and the purpose of the Fund is to partially pre-fund the future cost of the New Zealand Superannuation pension, which is expected to increase as a result of New Zealand's ageing population. The fund is a member of the International Forum of Sovereign Wealth Funds and is therefore signed up to the Santiago Principles on best practice in managing sovereign wealth funds.[4]