Talk Money: June 23

(Paul Henry)
(Paul Henry)

The New Zealand Super Fund is cutting back on risk because global markets are becoming expensive.

The Fund' says there is there is a relative shortage of outright good investment opportunities.

The Fund is managing $30.3 billion which will eventually be used to help pay for New Zealand's retirement costs.

It has identified four key risks: a slowdown in China, climate change, regulatory changes and new technology which can disrupt existing industries.