New Zealand’s sovereign wealth fund has delivered a strong annual return, outperforming many global peers with a 14% growth. The gains reflect a diversified investment strategy, though the fund’s deliberate underweighting in high-flying US technology stocks suggests a cautious approach to market exposure. Analysts note the performance highlights the fund’s ability to balance risk while still achieving significant returns in a volatile environment. Full details reveal how asset allocation and regional diversification contributed to the results.
New Zealand’s superannuation fund grows 14% despite being underweight on US tech stocks
