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Australia's HESTA CEO to step down after 16 years
trueAnne-Marie Corboy will step down as CEO of the Health Employees Superannuation Trust Australia at the end of February, confirmed a spokeswoman for the A$29 billion (US$27 billion).
Large Australia pension funds go internal, become more vocal as active shareholders
trueTwo of Australia's biggest pension funds say the industry will become more vocal in holding public companies to account as assets are increasingly managed in-house, filling a void of shareholder activism in the nation.
Australia's Future Fund picks new CIO
trueRaphael Arndt was named chief investment officer of Australia’s A$101 billion (US $93.7 billion) Future Fund.
Sovereign wealth funds move outside for specialist investments
trueGrowing allocations to alternatives and multiasset strategies have left the sovereign wealth funds and national pension plans that dominate Asia's institutional investor landscape relying more on external money managers to manage their portfolios.
Perpetual Investments adds head of research and consultant relationships
trueGeorge Moromalos will join Perpetual Investments in Sydney as head of research and consultant relationships.
Northern Lights merges with Treasury Group
trueNorthern Lights Capital Group is merging with Australia’s Treasury Group to form a consolidated company that holds stakes in global asset management firms, company officials announced Tuesday.
Energy Super appoints first general manager of investments
trueWilliam Graus joined Energy Super as general manager, investments, said Robyn Petrou, CEO of the A$5 billion (US$4.7 billion), Brisbane-based superannuation fund.
Australia's Future Fund returns 13.9%; assets surpass A$100 billion
trueAustralia's Future Fund posted a 13.9% gain for its fiscal year ended June 30, lifting the value of its portfolio to A$101 billion (US$94.1 billion).
AustralianSuper taps ISPT, QIC for domestic residential property investments
trueAustralianSuper selected ISPT and QIC to manage the A$75 billion (US$71 billion), Melbourne-based industry superannuation fund's direct investments in residential property development projects in Australia.
Telstra Super chalks up league-leading 15.8% gain for latest FY
trueTelstra Super delivered an industry-leading 15.8% return among Australian superannuation funds for the fiscal year ended June 30, said Sydney-based superannuation research firm SuperRatings Pty. Ltd.
PIMCO hires Macquarie veteran to lead Australian business
trueAdrian Stewart will join Pacific Investment Management Co. in Sydney as executive vice president and head of PIMCO Australia.
New Zealand Universities' Superannuation taps Russell as consultant
trueNew Zealand Universities' Superannuation Scheme hired Russell Investments as the Wellington-based, NZ$559 million retirement program's investment consultant.
AustralianSuper posts 13.9% return for fiscal year
trueAustralianSuper, the A$75 billion (US$70 billion) Melbourne-based superannuation fund, reported July 4 that the balanced investment option used by the bulk of its more than 2 million members delivered a 13.88% return for its latest fiscal year ended June 30.
Macquarie adds EMEA distribution head
trueSteve Haswell joined Macquarie Investment Management as head of distribution for Europe, the Middle East and Africa, said a spokesman.
AustralianSuper taps Rockspring as partner for European property investments
trueAustralianSuper hired Rockspring Property Investment Managers as investment manager for the A$75 billion (US$71 billion) Melbourne-based superannuation fund's planned direct investments in office and retail property across continental Europe.