Asset Allocation
Australia Future Fund Revamps Portfolio With Pivot to Active Management
The A$224.9 billion sovereign wealth fund has been targeting surging Japanese equities.
Tag: Australia
Newsmakers
AustralianSuper Grows US Team With Senior Hires
The fund announced senior appointments to its New York office as part of plans to double its U.S. staff.
Newsmakers
Rest CIO Andrew Lill to Step Down
The first investment chief of the Australian superannuation fund will step down in November after more than four years in the post.
Pensions
REST Pension Core Strategy Returns 8.67% in Fiscal 2024
The Australian fund manages more than $53 billion in assets.
Pensions
US Remains Biggest Force in Pension Realm, per Study
WTW’s Thinking Ahead Institute found that international unrest and an uncertain worldwide economic outlook hinder an otherwise growing global retirement effort.
Asset Allocation
Australia’s Future Fund, QIC Buy 19.8% Stake in Toll Road Owner Connect East
Future Fund CIO Ben Samild said the deal is in line with the A$223.4 billion sovereign wealth fund’s strategy to increase its Australian dollar exposure.
Newsmakers
Australia’s National Reconstruction Fund Appoints its First CIO
Mary Manning will lead the investment strategy of the fund, starting in July.
Pensions
Google Cloud Accidentally Deletes Australian Superannuation Fund’s Data
The $83 billion UniSuper saw its operations disrupted over the accident.
Asset Allocation
$185 Billion Australian Retirement Trust Plans Thermal Coal Divestments
The fund will divest from companies who generate more than 10% of their revenue from coal production.
Pensions
Australia’s Pensions Regulator Launches Project on Unlisted Assets
The APRA is putting under review its practices for valuation of unlisted assets, including private equity, commercial real estate and infrastructure.
Asset Allocation
Super Funds Seek to Turn Australia Into ‘Renewable Energy Superpower’
A group representing A$1.2 trillion in assets is calling for reforms and investment on ‘a massive scale.’
Risk
Australia Agrees to Disclose Sovereign Bonds’ Climate Risks
Investors can comment on the settlement until the court approval hearing, scheduled for October 11.
Newsmakers
Australia’s Future Fund Names David Bluff Head of Private Equity
Bluff joins sovereign wealth fund after 14 years at The Carlyle Group.
Asset Allocation
Ontario Teachers’ Pension Buys Majority Stakes in Bioenergy Firm, Australian Farm
The Canadian pension fund makes $250 million capital commitment to Idaho-based Sevana Bioenergy.
Regulation
Australian Regulator Accuses Mercer Super of Greenwashing
The nation’s Securities and Investments Commission is suing the pension fund for allegedly misleading members about sustainability.