The Guardians of New Zealand Superannuation has hired Sam Porath as the manager for New Zealand equities.
Porath joined the New Zealand Super Fund in 2013 from Russell Investments and is currently the portfolio manager for strategic thinking.
In his new role, Porath will lead the team managing the in-house active New Zealand equities mandate. He will report to Will Goodwin, head of NZ direct investment, the fund said in a statement.
It added that it “would continue to take a long-term view of its investments, with a preference for strong business fundamentals, good corporate governance and strong proactive management of environmental and social factors,” according to Porath.
The fund is one of the biggest investors in the domestic sharemarket, and total holdings of around NZD1.8 billion ($1.24 billion), it said in a statement.
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