Investment managers


The trustee invests the scheme's assets through an investment in Mercer Investment Trusts New Zealand (MITNZ). MITNZ selects managers to invest in particular asset classes. The asset class managers are shown in the following table:

 

 

Asset class

 

Investment manager


Growth assets

Australasian equities

Devon Funds Management
Harbour Asset Management

International equities (hedged)

Arrowstreet
Baillie Gifford & Co
BlackRock
Hexavest
LSV

International small companies (hedged)

Arrowstreet
Allianz
Fidelity (Pyramis)

Emerging markets (hedged)

AQR
BlackRock
Investec
Macquarie

International listed property (hedged)

Principal Global Investors

International listed infrastructure (hedged)

First State Investments
RARE

International collateralised commodity futures (hedged)

Henderson Global Investors

International fund of hedge funds (hedged)

Mercer Investment Management


Income assets

International fixed interest (hedged)

Morgan Stanley
Putnam
Wellington Management

Global Absolute Return Bonds

Kapstream Capital
Insight
T Rowe Price

New Zealand cash and cash equivalents

AMP Capital Investors

 Last updated: October 2017

 

 

 

This website is provided by Mercer (N.Z) Limited on behalf of the trustee of the Police Superannuation Scheme (PSS). The trustee pays a fee for the provision of this service, however this fee is not conditional on you using this service or acting on the information or advice provided through this service.

PSS Trustees Limited is the issuer of the Police Superannuation Scheme (PSS). A copy of the PSS product disclosure statement is available under Documents and forms and at companiesoffice.govt.nz/disclose.