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Mitsui & Co. to buy 20% stake in Australian infrastructure debt boutique
trueMitsui & Co., the Tokyo-based trading giant, will take a 20% stake in Melbourne, Australia-based infrastructure debt boutique Westbourne Capital.
TIAA Henderson Real Estate adds senior real estate analyst in Sydney
trueWilliam Keaveney was named senior real estate analyst at TIAA Henderson Real Estate in Sydney.
QIC taps Northern Trust as global custodian for its Australian fund offerings
trueQIC, a Brisbane-based money manager with A$70.8 billion ($55.4 billion) in assets under management, hired Northern Trust to provide global custody, fund accounting, taxation and associated services for QIC's Australian fund offerings.
Australia's Future Fund heavy in cash
trueAustralia's A$117 billion ($90.9 billion) Future Fund is holding more cash this year, as the hunt for value in global markets becomes increasingly challenging.
Australia's Future Fund posts 7.1% gain for quarter; cash holdings climb
trueAustralia’s Future Fund reported a 7.1% gain for the quarter ended March 31, lifting the value of its investment portfolio to A$117 billion ($91.4 billion) even as the fund’s cash holdings jumped by roughly A$4 billion.
UniSuper taps BNP Paribas as new custodian
trueUniSuper hired BNP Paribas Securities Services as master custodian for the A$50 billion ($38.8 billion) superannuation fund.
NZ Super posts 5.9% gain in first quarter, up 18.85% over past 12 months
trueThe New Zealand Superannuation Fund posted a 5.91% return for the quarter ended March 31, lifting the value of the Auckland-based fund's investment portfolio to NZ$28.97 billion ($22.3 billion).
Rainmaker: Australia's superannuation industry hits A$2 trillion mark
trueAustralia's superannuation system savings reached the A$2 trillion ($1.6 trillion) mark during the first quarter, said Alex Dunnin, head of research for The Rainmaker Group.
NZ Super suspends allocation with Milford Asset Management
trueNew Zealand Superannuation Fund announced Thursday it had suspended its actively managed New Zealand equities allocation with Milford Asset Management until the completion of an ongoing investigation of the firm by the country’s Financial Markets Authority.
Australia's UniSuper wants Indian stocks as 'next big thing'
trueUniSuper Management is considering investing in India as Prime Minister Narendra Modi pushes sweeping economic reforms to lure investors.
Blue Sky Alternative Investments taps new leader for its hedge fund business
trueNeil Power joined Blue Sky Alternative Investments in Sydney as managing director of the firm's hedge fund division.
NZ Super CEO: Bank of Portugal's moves could undermine SWFs role in providing liquidity
trueA decision by Portugal's central bank, which effectively penalizes institutional investors that lent $784 million to a Portuguese bank a month before its collapse in August, could undermine the growing role of sovereign wealth funds in providing liquidity to the global financial system, said Adrian ...
HESTA taps deputy to replace superannuation fund's longtime CEO
trueDebby Blakey has been named CEO of the A$30 billion (US$23.5 billion) Health Employees Superannuation Trust Australia.
Australia superannuation fund taps Ardevora for global equities
trueCommonwealth Bank of Australia Group Superannuation Fund hired Ardevora Asset Management to run A$200 million ($156.2 million) in global equities.
Australia's Future Fund posts 13.2% gain for 2014, trims risk exposures
trueAustralia’s Future Fund reported Thursday that its investment portfolio returned 13.2% in 2014 to reach A$109.2 billion (US$85.1 billion) in assets.