Daniel Kemp
The combined entity would have more than A$180bn of AUM and be larger than the country’s current largest fund, AustralianSuper.
Peter Costello says partnerships with local investors and greater transparency on the part of sovereign funds is the way forward.
Heavyweight Australian investors back a new workplace diversity initiative as LPs admit the issue is a factor in their investment decision-making.
Matt Whineray, who has been with NZ Super since 2008, will take the helm of the $26.3 billion fund on 1 July.
Australia’s sovereign wealth fund creates five new roles, split by asset class, after head of property exits.
Michael Dwyer announced his retirement on Thursday and will remain in post until a successor is appointed.
Six of the country's largest investors have signed an open letter calling on asset managers to adhere to a code of conduct, in a move to 'rebuild confidence.'
Wendy Norris will now oversee private equity and property alongside infra and timberland amid a restructuring at Australia’s sovereign wealth fund.
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