ACC investment team delivers $3.94 billion in net income
ACC averages a 14.55% return across all its portfolios.
ACC's chief financial officer Mark Dossor talks about his organisation's annual result on NBR Radio and on demand on MyNBR Radio.
Jenny Ruth Wed, 07 Oct 2015
The Accident Compensation Corporation’s investment team delivered $3.94 billion in income after costs in the year ended June, up from $1.56 billion the previous year.
That’s an average 14.55% return across all its portfolios, which beat its market benchmarks by 0.61%, or 0.49% after costs and tax,