Sam Tuck will join the New Zealand Superannuation Fund on June 27 as a portfolio manager on the NZ$30 billion ($20.1 billion), Auckland-based sovereign wealth fund's strategic tilting team, said spokeswoman Catherine Etheredge, in an e-mail.
The position is new.
Mr. Tuck will join NZ Super from ANZ Bank New Zealand, where he served as a senior currency strategist.
Pete Barnao, a spokesman for ANZ Bank New Zealand, couldn't immediately be reached for comment.
Ms. Etheredge said Mr. Tuck will become the third portfolio manager on the strategic tilting team, which employs overlays to lower the fund's exposure to publicly traded assets that exceed its investment team's estimates of fair value, or to add exposure to undervalued assets.
Ms. Etheredge has cited currency as an area where NZ Super's strategic tilting team has added value in the past. On Friday, she said Mr. Tuck will “bolster the existing team by bringing specialist currency expertise” to the fund.