National Provident Fund (NPF)

Overview

New Zealand statutory corporation administering nine government-guaranteed, closed superannuation schemes via the Global Asset Trust (managed by Annuitas). Uses a multi-manager external allocation model spanning Arrowstreet, Lazard and T. Rowe Price (global equities), Harbour and Devon (Australasian shares), Brandywine Global, PIMCO and PGIM (international fixed income), Mercer (local bonds) and BNZ (currency overlay). Schemes are closed to new members and gradually winding down.

Key Facts

Type

Pension Fund