New Zealand Superannuation Fund Head Adrian Orr Shifts into High Gear

October 03, 2013 by Loch Adamson

  • Print
  • Please login
New Zealand Superannuation Fund CEO Adrian Orr AS A FUND MANAGER, Adrian Orr doesn’t have much use for the status quo. In February 2007 the energetic, outspoken economist took over as CEO of the Guardians of New Zealand Superannuation, the investment group that manages the country’s NZ$23 billion ($18.9 billion) sovereign wealth fund. His remit: Transform the fund from a traditional asset allocator into an agile and opportunistic investor. Orr had been on the job only a few months when the subprime mortgage crisis erupted. Far from giving him pause, though, the crisis spurred him to accelerate the strategic shift. Adopting a total-portfolio investment approach, the CEO and his team created a passive reference portfolio to serve as an internal benchmark. They seek to beat that benchmark by finding investments with superior risk-adjusted returns, using tactics such as strategic tilting:adjusting exposure to asset classes that are over- or undervalued…

Sign-up for your free account to read this article

Get Started

Already have an account?

Log In Here

Updated Fund Profiles

Our market-leading fund profile library provides unrivalled analysis of more than 90 government and sovereign funds.

Register to read fund profiles

Recent SWF Investments

Search the database of direct investments and mandates by fund, industry and target market to identify past deals that match your requirements. Access over $1 trillion worth of transactions dating back to the 1960s.

Register to explore our data

Latest SWF News

Sovereign Wealth Center makes staying abreast of the most recent government and sovereign fund events easy. Our team undertakes a thorough review of global news feeds every morning and distills salient points.

Register for the latest SWF news
Join the discussion:

To be able to print this content,
you must be a subscriber

For details on your subscription options,
please contact: