Sir Michael Cullen’s legacy continues to grow
ANALYSIS: Super Fund shows benefit of a long-term view, rather than being distracted by short-term political calculations.
The architect of the NZ Superannuation Fund, the late Sir Michael Cullen.
Think back 20-odd years to when the New Zealand Superannuation Fund did not exist and there was no money in a sovereign fund.
Now in its latest annual report the Super Fund has reported $76.6 billion worth of investments at the end of June and has been given a big tick of approval from its five-year
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