Guardians of NZ Super makes new appointment to NZ Equities team

The Guardians of New Zealand Superannuation has announced the appointment of Joe Halapua to manager of New Zealand Equities.

Tuesday, April 20th 2021, 4:37PM

Joe Halapua.

The Crown entity that manages the $55 billion New Zealand Super Fund says Halapua will be responsible for managing the active internal New Zealand equities portfolio under the New Zealand equities mandate and the Guardians’ NZ Equities team.

Joining the Guardians in 2011, Halapua is chairperson of the Risk Committee and has worked across both the direct investment and external investments and partnerships teams managing a portfolio of mandates and investments across public and private markets.

He currently serves on the board of Australian retirement village operator RetireAustralia and is chairperson of its audit committee.

Before this, Halapua worked in Auckland as an investment banker at Goldman Sachs JBWere where he was involved in mergers and acquisitions and capital market activity across New Zealand and Australia.

The NZ Equities team allocates capital primarily to listed investments across the NZX50, through active stock selection, capitalising on the fund’s endowments and unique position as a sovereign wealth fund.

Halapua says he looks forward to working with the team to continue to add value to the NZ Super Fund and to cultivating quality relationships with listed corporates and market participants in New Zealand and will report to the fund's head of direct investment, Will Goodwin.

Tags: NZ Super Fund