ANZ Australian Staff Super Scheme reduces PE exposure

The Australian corporate pension fund is stepping away from PE investments.

ANZ Australian Staff Superannuation Scheme said that it is currently allocating 0.8 percent of investment assets to private equity and invested in one PE fund.

However, it is targeting to shift its focus away from PE with zero percent exposure to the asset class.

Platinum subscribers may click here for Scheme ’s full profile, including key contacts, allocation strategy and fund investments.