Newsmakers
Jo Townsend Appointed CEO of New Zealand Super Fund
A veteran of the superannuation industry in Australia, Townsend will start in April.
The $38 billion Kiwi pension fund is now the 5th largest shareholder in the securities clearinghouse.
The firm aims to raise $1.2 billion to invest in the country’s climate infrastructure.
Outraged by social media’s showing of the Christchurch massacre, the pension fund enlists other plans to push its cause.
Fund moves $10.2 billion into eco-friendlier firms, eyes active investments next.