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New Zealand High Court Strikes Down Sovereign Fund's Investment Policy Framework
Summary by Israel Institute of NZ
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New Zealand High Court Strikes Down Sovereign Fund's Investment Policy Framework
A New Zealand High Court judgment dated 13 April deserves the attention of Ambassador-nominee Jared Novelly, Secretary of State Marco Rubio, Senator Ted Cruz, and Ambassador Mike Huckabee’s teams across the region. Justice Mount ruled that the NZ Superannuation Fund, New Zealand’s $86 billion sovereign wealth vehicle, operates investment policy documents that fail statutory legal […]
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