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NZ Super underlines long-term views amid criticism

The superannuation fund's CEO, Adrian Orr, reaffirms its philosophy of long-term investing after media criticism of losses it suffered in a loan investment to a failed Portuguese bank.
NZ Super underlines long-term views amid criticism
The chief executive of the New Zealand Superannuation Fund, Adrian Orr, has reiterated his “unshakeable belief" in taking a long-term view for investment. It comes after - although not in response to - media criticism of losses the fund suffered in a loan investment to a Portuguese bank. The NZ$27 billion ($20.1 billion) fund, which late last year won one of AsianInvestor's inaugural awards for institutional excellence in the field of governance, has been under fire at home for an…
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