Australia's largest superannuation fund, Australian Super, has picked up more than 5 per cent of the shares in United Kingdom-based investment house Henderson Group.
The Australian Super shareholding was announced to the Australian Securities Exchange today via a pro forma statement that the big super fund had picked up 5.92 per cent of the shares in Henderson, which has recently announced a strategy to expand its interests in Australia.
The company recently announced the opening of an office in Sydney and acquired a 33 per cent interest in boutique fund manager 90 West Asset Management.
The company has signalled its intention to have $10 billion in assets under management by 2018.
Henderson was until 2003 under the umbrella of AMP Limited.
The $75 billion fund has gained exposure to decarbonisation solutions in its first listed equities impact investment.
The superannuation fund is expanding its investment exposure to industrial property through a $1 billion partnership with Barings, a global investment manager.
AustralianSuper has usurped the Future Fund as the biggest Australian asset owner, jumping from 43rd to 36th place globally, according to an annual study by the Thinking Ahead Institute.
IFM Investors, the global institutional asset manager owned by superannuation funds, has signed a memorandum of understanding with the UK government to invest £10 billion by 2027.
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