NZ Super Fund Boosts Spanish Infrastructure Exposure, 14% Return

New Zealand's sovereign wealth fund, NZ Super Fund, reported a 14% annual return with 54% of assets in equities, concentrating its Spanish stock market bets on infrastructure firms Ferrovial, Aena, and Redeia. The move signals continued cross-border institutional appetite for Spanish infrastructure assets, though the specific drivers and duration of the exposure remain undisclosed.