CNBC September 16, 2026 • 12:35

World's top-performing sovereign wealth fund warns of looming pullback in U.S. stock market - CNBC

By Chloe Taylor

World's top-performing sovereign wealth fund warns of looming pullback in U.S. stock market - CNBC

New Zealand's $54 billion pension fund returned 14.2% in the year to June.

Investors behind the world's top-performing sovereign wealth fund warned Wednesday that the U.S. equity market could be due a correction.
Jo Townsend, CEO of the Guardians of New Zealand Superannuat… [+2952 chars]

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