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Fund managers drawn to A$2.3 trillion pension pie

World's fourth largest pension pool swelling as a result of mandatory savings rules

Wed, Oct 11, 2017 - 5:50 AM

About 41% of new investment deals struck by Australian pensions this year involved alternative money managers.

PHOTO: REUTERS

Sydney

MORE global fund managers are setting up shop in Australia, drawn to the nation's A$2.3 trillion (S$2.42 trillion) pension savings pool and new local investment opportunities.

THL Credit Inc, an alternative credit manager based in Boston, said in September that it hired a...

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