Northern Trust Asset Management has been selected by The Guardians of New Zealand Superannuation, the manager of the NZ$30bn New Zealand Superannuation Fund, to manage two new factor investing mandates.

The mandates, namely NZD300m low volatility strategy and NZD300m value investing strategy, will use funds Northern Trust already invests passively in global equities on behalf of NZ Super. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The mandates will utilise a factor investing approach that builds an alternative portfolio based on pre-determined factors, with an aim to provide risk-adjusted returns over the long-term, NZ Super said in a statement.

The new deal between the two parties extends a relationship that first started in 2007.

NZ Super Fund CIO Matt Whineray said: “We have worked closely with Northern Trust Asset Management over a number of years, and are delighted to continue to deepen our partnership with them through these mandates.

“Value and low-volatility factor strategies are well suited to our beliefs and advantages as a long-term investor.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In 2007, Northern Trust first set up its Australia office to serve institutional investors in Australia and New Zealand, and from 2015 began offering asset management solutions directly from its Melbourne office. The firm snapped up Aviate Global this year and set up its Sydney office.

Northern Trust Asset Management head of Australia and New Zealand Bert Rebelo said: “We continue to see an increasing interest in factor investing strategies as asset owners look to exploit investment opportunities most efficiently in a low return environment. When appropriately selected, adopting factor tilts can result in greater returns and outperformance.”