The $227 billion mega fund created out of the merger between QSuper and Sunsuper, which was formally established on Monday, aims to expand its asset base by adding members from other states.
About 75 per cent of members of the enlarged fund, to be known as Australian Retirement Trust, live in Queensland, but chief executive Bernard Reilly wants to diversify the vehicle’s membership further.
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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
