#Hedgefunds don’t recruit from @NZSuperFund!? @VernonSmall @TaxpayersUnion

If the NZ Super Fund was any good at investing, rival investment houses will soon poach their staff to learn the secrets behind their self-proclaimed ability to beat the market.

Investment staff turnover at the NZ Super Fund is so low that you suspect they are overpaid.

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Source: New Zealand Superannuation Fund, information released under the Official Information Act.

The Fund has no information on whether hedge funds head-hunt their staff but I think it might have got out in gossip if someone had a spectacular pay rise at their next job.

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