Wellington, Aug 11 NZPA - Infrastructure investor Infratil says its operating performance in the first four months of the 2011 financial year have improved confidence levels around full year operating earnings (ebitdaf) guidance of $390 million to $430m.
Wellington, July 27 NZPA - The New Zealand Superannuation Fund posted its second monthly negative return in a row in June due to declines in equity markets, but still managed double-digit growth for the year to date.
Wellington, July 13 NZPA - Greenstone Energy, which took over the ownership of the Shell retail and distribution business in April, is considering a $100 million retail bond issue to repay bank debt.
Wellington, June 17 NZPA - The New Zealand Superannuation Fund made a negative returning in May but its year-to-date return is 17.26 percent.
The absolute return after fees but before tax was negative 4.82 percent in May. It was the first monthly negative return since January.
Wellington, May 28 NZPA - Selling Kiwibank to the New Zealand Superannuation Fund would not protect it from ending up in foreign hands, Green Party co-leader Russel Norman says.
Wellington, May 19 NZPA - The New Zealand Superannuation Fund returned 0.76 percent in April, down from 4.29 percent in March.
The year-to-date return is 23.2 percent and the return since inception is 6.68 percent. The fund has $16.71 billion invested.
Wellington, May 4 NZPA - The Government is optimistic it will do even better than Australia in terms of boosting superannuation for wage earners, says Finance Minister Bill English.
Wellington, April 20 NZPA - The New Zealand Superannuation Fund produced a 4.29 percent return in March, bringing its returns for the financial year to date to 22.3 percent.
Wellington, March 17 NZPA - The New Zealand Superannuation Fund produced a 1.88 percent return in February even though the value of its holding in Telecom fell.
Wellington, Feb 22 NZPA - The sale of Shell's New Zealand service stations to Infratil and the New Zealand Superannuation Fund may be weeks rather than months away.