Skip to content

Biggest Australian Pension Fund Seeks Japan, India Stock Pickers

Australia’s biggest pension fund is seeking its first Japanese and Indian stock managers as it builds out its externally managed portfolios to send more money offshore.

AustralianSuper Pty also wants to mandate more cash more China A-shares managers, as it increases externally-managed assets to A$80 billion ($57 billion) “over the next few years,” up from A$50 billion currently, the A$260 billion pension fund said in a statement.