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Industry news

GPFA introduces NZ Super Fund as new member


19 April 2024 New Zealand
Reporter: Carmella Haswell

Generic business image for news article
Image: Worawat/stock.adobe.com
The Global Peer Financing Association (GPFA) has announced NZ Super Fund as a new member of its beneficial owner network.

The New Zealand Superannuation Fund is a sovereign wealth fund in New Zealand.

It invests money, on behalf of the New Zealand Government, to help pay for the increased cost of universal pension entitlements in the future.

GPFA brings together beneficial owner members with the goal of encouraging the development of a more effective and transparent marketplace for securities financing activities, as well as liquidity and collateral management.

Members of the GPFA community share a goal to increase and support peer-to-peer securities financing trading activity.

GPFA comments: 鈥淟earning from one another and finding ways to collaborate on industry best practices is important to GPFA members and broadening the scope of experience to include the team at NZ Super Fund makes our global community stronger.鈥
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