Australia/New Zealand

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  1. IACPM: Credit default concerns improve, but overall view still pessimistic

    trueCredit portfolio managers remain pessimistic on credit defaults over the next 12 months, but they are mixed about credit spreads over the next three months, said a quarterly survey from the International Association of Credit Portfolio Managers.

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  1. New Zealand Superannuation purchases RetireAustralia

    trueNew Zealand Superannuation Fund, Auckland, and infrastructure company Infratil announced a joint purchase of RetireAustralia, an owner of senior housing units in Australia.

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  2. ERAFP on lookout for Asia-Pacific SRI equity managers to run €400 million

    trueEtablissement de Retraite Additionnelle de la Fonction Publique, Paris, is searching for three money managers to run a total of €400 million ($501 million) allocation to a socially responsible investing strategy for Asia-Pacific equities.

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  3. J.P. Morgan Asset Management acquires Aviva's Asia-Pacific real estate business

    trueJ.P. Morgan Asset Management acquired Aviva Investors' Asia-Pacific real estate business and is taking on the entire 16-person team from Aviva and $1.2 billion of diversified assets in Australia, New Zealand, Japan and Singapore.

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  4. Australia Future Fund's head of equities to depart

    trueElspeth Lumsden, head of equities for the Future Fund, will be leaving the A$104 billion (US$86 billion) Melbourne-based fund to return to “full-time study.”

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  5. NZ Super invests US$60 million in alternative energy firm LanzaTech

    trueThe NZ$27.1 billion (US$20.8 billion) New Zealand Superannuation Fund invested US$60 million in Chicago-based LanzaTech, a private gas fermentation technology company.

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  6. AustralianSuper picks Principal Real Estate for U.S. office investments

    trueAustralianSuper hired Principal Real Estate Investors to advise the Melbourne-based superannuation fund on its investments in U.S. office properties.

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  7. Australian superannuation assets rise 9.6%

    trueAustralian superannuation assets were up 9.6% for the year ended Sept. 30, according to the Australian Prudential Regulation Authority's quarterly performance report, released Thursday.

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  8. NZ Super terminates equity strategy with AMP Capital

    trueNew Zealand Superannuation Fund terminated AMP Capital as manager of a NZ$257.5 million (US$200 million) active New Zealand equities mandate.

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  9. BlackRock's new Asia-Pacific chief focusing on growth

    trueBlackRock Inc.'s Asia-Pacific operations are poised to make a more significant contribution to the money management giant's overall business in coming years, the firm's new regional head says.

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  10. Future Fund goes heavy on currency exposure

    trueAustralia's Future Fund has boosted the foreign currency exposure of its A$104.5 billion (US$91.5 billion) portfolio to record levels to preserve flexibility and boost resilience to liquidity shocks.

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  11. Asset owners to push for better alignment, value

    trueAsset owners, which have long been relatively passive players in a financial system dominated by banks and money managers, are poised to play a more active role in shaping that system, predicts David Neal, managing director of the A$104.5 billion (US$91.5 billion) Future Fund.

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  12. NZ Super Fund ends quarter up 1.1% at NZ$26.7 billion

    trueNew Zealand Superannuation Fund, Auckland, posted a 1.1% gain for the quarter ended Sept. 30, after paying taxes owed to the New Zealand government, lifting the value of its investment portfolio to NZ$26.7 billion (US$21.4 billion).

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  13. Australia's Future Fund returns 2.9% in fiscal first quarter

    trueAustralia’s Future Fund Wednesday reported a 2.9% gain for its fiscal first quarter ended Sept. 30, lifting the value of its investment portfolio to A$104.5 billion (US$91.7 billion).

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