Should the NZ Superannuation Fund be forced to invest 40% of its capital locally?

Opinion

National says it would direct the NZ Superannuation Fund to invest at least 40 per cent of its capital locally.

Is the policy is feasible, given the small size of the New Zealand sharemarket. The market currently has a capitalisation of around $42 billion. The fund is currently valued at around $14 billion, but is expected to ultimately grow to close to $100 billion.

Should the NZ Superannuation Fund be forced to invest 40% of its capital locally? Here is the latest selection of Your Views: