Australia/New Zealand

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  1. 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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  1. 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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  2. 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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  3. 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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  4. 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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  5. 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).

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  6. 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.

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  7. 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.

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  8. 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.

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  9. Perpetual Investments adds head of research and consultant relationships

    trueGeorge Moromalos will join Perpetual Investments in Sydney as head of research and consultant relationships.

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  10. 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.

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  11. 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.

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  12. 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).

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  13. 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.

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