Australia

Australian super fund HESTA ups exposure to global equities amid Middle East war, report says

Australian super fund HESTA ups exposure to global equities amid Middle East war, report says

Health Employees Superannuation Trust Australia (HESTA) is raising its exposure to global equities, according to Reuters, citing Jeff Brunton, deputy

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CIO

Australia’s UniSuper “tweaked” hedging on foreign investments, report says

Australia’s UniSuper has increased hedging on its overseas investments because the local dollar is undervalued, John Pierce, chief investment officer

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Pension Funds

In Australia, a debate on private equity investments

Some seemingly contradictory markers in Australia point up the global situation for private equity. AustralianSuper, one of the country’s largest superannuation funds with about US$272.6 billion of assets

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Pension Funds

AustralianSuper to grow Asian private equity exposure, report says

AustralianSuper is growing its private equity exposure in Asia, Paul Schroder, chief executive officer of Australia’s largest superannuation fund, says

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Sovereign Wealth Funds

Australia’s Future Fund investments lifted by AI boom

Australia’s Future Fund posted a return of 12.4% in 2025, adding A$29.54 billion (US$20.67 billion) to its portfolio and raising

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Wealth Management

Russell Investments buys Zurich’s Australian asset management business

Russell Investments is acquiring Zurich Australia’s asset management arm, a move that the US firm anticipates will boost its retail

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Real Assets

Australia’s CEFC invests A$70 million in QIC Infrastructure Fund II

Australia’s Clean Energy Finance Corporation (CEFC), a government-owned financial institution, has invested A$70 million (US$47 million) in the QIC Global

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Pension Funds

Australia’s Aware Super, partners buy 31.3% of European Outlet Mall Venture

Australia’s Aware Super is teaming up with Dutch pension giant APG and a French institutional investor to buy a 31.3%

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People Moves

Australian Prudential Regulation Authority executive director resigns

The Australian Prudential Regulation Authority’s (APRA) executive director of life insurance, private health insurance and superannuation has resigned. Carmen Beverley-Smith

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Family Offices

Malaysia’s Valiram Family Office pays A$400 million for stakes in local mall, office tower

Malaysia’s Valiram Family Office is paying A$400 million (US$266 million) for a 40% stake in local retail mall The Exchange

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Analysis

Malaysian lender MBSB’s sale of asset management unit to Australian firm hits snag, report says

Malaysian lender MBSB’s planned sale of its asset management unit, MIDF Amanah Asset Management, to Australia’s Salaam Group has hit

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