How we invest your money

Our investment beliefs provide a consistent foundation for our decisions, helping us navigate financial markets confidently with a focus on delivering long-term returns. You can think of it like having a reliable GPS for your financial journey – we're here to guide you through every twist and turn, ensuring your investment stays on track.

For example, we recently replaced our Australian equity fund manager with Pendal Group. The change aligns with our belief around proactive risk management. Pendal Group has a long and consistent track record in active investing, giving us greater confidence in the performance and stability of the Australian equities component of your investment.

The world is constantly changing, and our approach needs to be flexible to keep up. Our refreshed beliefs give us the scope to adjust your investment as needed, ensuring we continue to deliver value and manage risk effectively. It's like having a personal trainer for your investments, always tweaking your plan to get results.

Recently, we added another fund manager, PIMCO, to our international equities manager line-up to improve returns and diversify risk. The move reflects our commitment to staying nimble. PIMCO use a different investment style to our other international equity fund managers, so using a blend of styles allows us to capture different sources of returns for your investment. By adjusting your investment from time to time, and being mindful of our investment beliefs, we can respond to change and better deliver long-term performance.

While we are a large player in the New Zealand market, we recognise there are global experts with specialised skills that can enhance our capabilities. We strategically partner with top fund managers and service providers to complement our expertise, to help deliver long-term outcomes for you. Think of it like being the conductor of an orchestra – we carefully select talented musicians to play in harmony with our own team.

For instance, we've partnered with BlackRock to enhance our risk management capabilities. Their advanced technology, global expertise and reach help us make more timely decisions, ensuring your investments are managed effectively and are better able to deliver long-term performance.