QIC chief executive Damien Frawley said the global fund manager will not be forced into making dud investments by the Queensland Labor government and will only invest in assets which will deliver decent returns.
A day after Treasurer Curtis Pitt revealed the Palaszczuk government was considering asking the state-owned QIC to invest its $30 billion superannuation fund in government-owned companies, Mr Frawley said the global fund, infrastructure and property management company would stick to commercial-based investments.