Paul Dyer, who was let go as CIO of the $14 billion New Zealand Superannuation Fund in March, has emerged in a newly created advisory role with the country’s second-largest crown-sponsored investment entity.
A spokesperson for the Accident Compensation Commission (ACC) confirmed to I&T News that Dyer was now working “as an adviser within our investments team”. Dyer was made redundant from NZ Super in March this year following a restructure. NZ Super has since made a number of hires to fill new roles including Matt Whineray as head of private markets. The ACC provides personal injury cover for New Zealanders, managing an investment pool of roughly $8 billion – over half of which is allocated to fixed income instruments. ACC’s investment team, headed by Nicholas Bagnall, also manages its New Zealand equities portfolio in-house. However, ACC has awarded international equity mandates totaling about $2.5 billion with the largest single allocation of almost $1.3 billion given to Fidelity Investments.
The $16 billion Future Group punches above its weight when it comes to forming public opinion and shaping policy on sustainability and ESG issues. Chief investment officer Ed Tomlinson says a trust-based team approach and an ongoing commitment to allowing employees to work from home help it to foster the values it needs to be effective.
Simon HoyleApril 2, 2025
