Hostplus could have more than $100 billion in assets under management by the end of next year, as the industry fund sets its sights on hoovering up smaller funds under pressure to exit the $3.4 trillion super sector.

Speaking to The Australian Financial Review, Hostplus chief executive David Elia said he expected the fund to have more than $100 billion in assets under management by the end of next year “assuming investment markets are still very kind to us”.