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Towers Watson adds 2 investment consultants in Sydney office
trueAlek Misev and Felicity Walsh joined Towers Watson in Sydney as investment consultants.
Sunsuper taps Mercer Sentinel executive as investment operations manager
trueLounarda David joined A$25 billion (US$22.5 billion) Sunsuper as investment operations manager, according to an announcement Thursday by the Brisbane-based superannuation fund.
KKR expands energy, infrastructure team to Sydney, Singapore
trueTony Schultz has joined KKR & Co. in Sydney as a managing director on the alternative investment giant's global energy and infrastructure team.
Maori investment collective buys 2.5% Kaingaroa stake from NZ Super
trueAn investment partnership formed by six Maori tribes has bought a 2.5% stake in Kaingaroa Timberlands from the NZ$24.9 billion (US$20.8 billion) New Zealand Superannuation Fund.
AUSCOAL shifts to active currency hedging from passive
trueAUSCOAL Super, an A$7.9 billion (US$7.1 billion) Sydney-based superannuation fund, shifted an existing currency mandate with State Street Global Advisors to an active “dynamic” hedging strategy from a passive overlay program focused on hedging AUSCOAL's more than A$1.6 billion exposure to ...
AUSCOAL Super names first CIO
trueDavid Bell has been appointed chief investment officer of A$7.9 billion (US$7.1 billion) AUSCOAL Super.
2013 Australian superannuation data are now available in the P&I Research Center
trueFiscal year 2013 information on the 200 largest Australian superannuation funds is now available in the P&I Research Center. Information includes assets, investment returns, default options' asset allocation and more. 2013 was another positive year, with assets reaching an all-time high $1.5 ...
Australia Future Fund elevates acting chairman to chairman for five-year term
truePeter Costello has been appointed chairman of the A$96.6 billion (US$84.6 billion) Australia Future Fund.
New highs Down Under
trueAustralia's superannuation funds eclipsed A$1.6 trillion (US$1.4 trillion) in the fiscal year ended June 30, 2013.
Australia Future Fund returns 17.2% for 2013
trueAustralia's Future Fund reported a 17.2% gain for calendar year 2013, lifting the value of its portfolio to A$96.6 billion.
GIC, Macquarie Capital invest in Aussie student housing group
trueA joint venture between Singapore sovereign wealth fund GIC and Macquarie Capital has acquired a majority interest in Iglu, a Sydney-based student accommodation group with a roughly A$150 million (US$132 million) property portfolio.
New Zealand Super returns record 26.07% for 2013
trueNew Zealand Superannuation Fund had a record return of 26.07% in 2013.
VicSuper taps Colonial First State for A$100 million in global listed infrastructure
trueVicSuper, a Melbourne-based superannuation fund, hired Colonial First State Global Asset Management to invest A$100 million (US$88.7 million) in global listed infrastructure.
Mercer chooses global infrastructure chief
trueToby Buscombe was named global head of infrastructure investments at Mercer.
AustralianSuper takes stake in London-area retail center
trueAustralianSuper will purchase a 50% stake in a shopping center northwest of London from the BT Pension Scheme for £270 million ($441 million).