NSW Treasury Corporation

Governance

Heads of merged NSW funds named

Mark O’Brien has been picked to head portfolio management for the amalgamated $60 billion New South Wales government funds. O’Brien, who is currently general manager of investments at State Super, will be joined in the management team by Steve McKenna, current chief investment officer for Work Cover, who will look after client interaction and solutions. […]
Hedge Funds

New Waratah bonds target SMSF investors

The New South Wales Government wants to enter the annuity market by selling new capital-guaranteed debt securities, known as Waratah Annuity Bonds, to wealthy retail investors. The bonds, issued by government debt agency NSW Treasury Corporation (TCorp) to raise capital for infrastructure projects, will provide investors with monthly payments that rise with inflation. Each payment […]