Australia/New Zealand

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  1. 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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  1. 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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  2. 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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  3. 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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  4. 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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  5. 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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  6. 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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  7. 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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  8. 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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  9. TWUSUPER taps REST Super exec as new CEO

    truePaul Sayer was appointed CEO of TWUSUPER, a A$3.7 billion (US$3.2 billion) Sydney-based superannuation fund for the transport and logistics industry.

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  10. New Zealand Superannuation Fund, in an annual report released...

    trueNew Zealand Superannuation Fund reported a 19.36% return for the fiscal year ended June 30, even as fund executives warned that future gains will be less spectacular.

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  11. NAB Asset Management acquires majority stake in Orchard Street

    trueNational Australia Bank Asset Management has acquired a majority stake in U.K. commercial real estate manager Orchard Street Investment Management, said a spokeswoman for Orchard Street.

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  12. Qantas Super moving in new skies

    trueInvestment returns at Qantas Super have gotten a boost from the fund's appointment of a “centralized portfolio manager” to consolidate equity trades previously handled by its external money managers.

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  13. AustralianSuper plans investment hiring spree

    trueAustralianSuper, Melbourne, will expand its investment team by as much as 40% over the next 12 months, including hiring as many as 10 global equities managers.

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