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AustralianSuper goes big in New York searching for prime investments

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AustralianSuper has moved two executives to New York and made a string of high-level appointments as the industry superannuation investment giant expands in the United States and grows an asset pool that is already valued at $102 billion.

The fund, the largest manager of retirement savings in Australia by a considerable margin, plans to double its footprint in New York by 2026. Already, North America represents about 30 per cent of its total funds under management.

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Hannah Wootton is a reporter for the Financial Review. Connect with Hannah on Twitter. Email Hannah at hannah.wootton@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/australiansuper-ramps-up-us-push-with-exec-moves-20241004-p5kfuw