Housing New Zealand’s investment management capability and performance has again been recognised by the Treasury, with a confidence rating of ‘A’.
The Treasury’s latest round of Investor Confidence Rating (ICR) results shows that Housing New Zealand continues to have strong all-round investment management capabilities and performance across public sector agencies.
"This is the second time that Housing New Zealand has been assessed under the ICR and we are proud to have maintained such a strong result," says Housing New Zealand Chair Adrienne Young-Cooper.
"As the biggest investor in residential housing in New Zealand, Ministers and the country as a whole can be confident of our investment decisions and processes as we work towards delivering more quality housing," she says.
"With the ICR assessment process more robust this time around, retaining our strong rating is a great achievement that reflects the capabilities of Housing New Zealand’s people and the executive team’s leadership abilities," says Ms Young-Cooper.
These regular reviews help to ensure Housing New Zealand’s investment management practices are robust and that we are delivering value to the New Zealand public.
More information can be found on the Treasury.govt.nz website