Telstra Super’s joint acquisition of Brisbane Square with Charter Hall reflected the fund’s aim to overweight its $1 billion property portfolio to unlisted assets, Jim Christensen, CIO at the $10 billion fund, said.
EM themes require EM investment: Martin Currie
Accessing emerging market themes via MSCI World stocks is a “blunt instrument”, which is unjustified given improvements in the developing world’s corporate governance and sovereign risk, according to Martin Currie chief executive Willie Watt. Instos creep back into LPTs
There are signs that domestic listed property may have turned the corner, with at least one JANA client following advice to get back into the asset class following a two-year absence.
Aussie managers outpace offshore counterparts
Australian funds managers outpaced most of their international counterparts for growth in FUM last year according to the latest Towers Watson survey of the world’s largest 500 firms.
NZ Super overhauls portfolio
The NZ$16 billion New Zealand Superannuation Fund (NZS) has upped its exposure to global equities by $2.2 billion following a portfolio review earlier this year.
Industry super sizes up retirement villages
With funding from its stakeholders, the Industry Superannuation Property Trust (ISPT) has begun investigating investment opportunities in the retirement village market.
Sunsuper earmarks $200m for emerging markets, seeks managers
The $16 billion Sunsuper has allocated an additional $200 million to emerging market equities, but is achieving the exposure through exchange-traded funds selected by its transition manager, while it investigates whether any active managers “make sense”, according to chief investment officer David Hartley.
Perpetual mega-client keeps eye on key people
One of Perpetual Investments’ largest institutional clients, for whom it manages close to $1 billion in a sustainable Australian shares mandate, has said the fate of key portfolio managers will determine its reaction as the attempted private equity takeover by Kohlberg Kravis & Roberts (KKR) unfolds.
Industry giant top of SuperRatings’ pops
The $33 billion AustralianSuper has won SuperRatings’ 2010 Fund of the Year award, while CareSuper and Sunsuper also earned top accolades.
Access consulting head jumps to client
Access Capital Advisors has appointed a new head of asset consulting, following the incumbent’s decision to take a senior investment strategist role at an Access client, Cbus.
The $4bn newcomer: Colonial resources fund gets insto win
Colonial First State Global Asset Management’s Global Resources Fund might manage $4 billion, but it’s only just found its first sizeable Australian institutional client – and he’s the same guy responsible for the first and still only China ‘A’ Shares mandate from an Australian investor.
Industry giant top of SuperRatings' pops
The $33 billion AustralianSuper has won SuperRatings’ 2010 Fund of the Year award, while CareSuper and Sunsuper also earned top accolades.
