28th September, 2021
The merger of Australia’s QSuper and Sunsuper creates the country’s second biggest public pension fund with AUM of US$152 billion and two million members, sending the combined entity up the global league table to 22nd place, between Denmark’s ATP and behind Canada’s BCI and PSP Investments.
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20th September, 2021
Earlier today, Transurban announced that it would acquire the remaining 49% in WestConnex along with a group of State-Owned Investors including AustralianSuper, ADIA, CPP and CDPQ. The NSW Government expects to receive US$ 8 billion for the privatization, which will use to keep fueling NGF’s growth. So, in a way, NSW keeps benefitting from its relationship with Québec’s government, QGF and, ultimately, CDPQ.
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14th September, 2021
New Zealand’s US$42 billion NZ Super has notched up its best ever return of 29.6%, beating its benchmark by 1.7% and surpassing the performance of Australia’s public pension fund AustralianSuper (20.4% on the balanced fund) and its sovereign wealth fund the Future Fund (22.2%).
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13th September, 2021
State-owned investors are taking very different approaches to Australian real assets impacted by the pandemic, although long-term strategic factors rather than short-term tactical moves are driving current divestment and acquisition activity.
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26th August, 2021
Australia’s Future Fund posted its best result in its history for the financial year to end-June with an annual return of 22.2%, up from -0.9% in FY2019/20, which put its total assets under management at A$196.8 billion (US$147.6 billion).
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10th August, 2021
Australian infrastructure is proving to be a big draw for state-owned investors (SOIs) with foreign sovereign funds set to eclipse domestic SOIs as assets are auctioned off. Canadian public pension funds (PPFs) are leading the charge in the electricity utility space, having also boosted their exposure to the country’s real estate sector.
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9th August, 2021
AustralianSuper is joining the surge in global private credit and tripling its exposure to the sector, which is seeing funds ramp up lending in direct competition with the banking industry.
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5th July, 2021
Australian real estate is proving to be a big draw for state-owned investors with the latest transaction involving an Australian-Canadian partnership buying up Moorebank Logistics Park (MLP) in southwest Sydney for A$1.67 billion.
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1st July, 2021
For second year in a row, the Future Fund is the only State-Owned Investor to achieve a perfect score (25 of 25 elements) in our GSR Scoreboard. The Australian investor has performed well in both rising and falling markets for the past 15 years, while pursuing excellence in transparency, responsible investing, and resilience.
28th June, 2021
Two Canadian public pension funds, CPP Investments and AIMCo, have committed nearly US$2 billion of capital to an Australia-based wireless and broadcast networks provider, BAI Communications, which they have co-owned since 2009.
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31st May, 2021
Singaporean sovereign wealth fund GIC is set to join four other foreign state-owned investors in setting up an office in Sydney, Australia.
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14th April, 2021
Mubadala has made its first entry into the Australian logistics real estate market with a joint venture with Logos and KKR.
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