AUSTRALIA: Future Fund invests in UK property; NEW ZEALAND: NZ Superannuation up 6.31%; CANADA: CPPIB
Aussie Future fund taps Henderson for UK Property AUSTRALIA - The Australian Government Future Fund has hired Henderson Global Investors for its maiden investments in the UK property market. As part...
AUSTRALIA - The wheels were finally set in motion to raise the contribution limit in Australia to 12% from 9% with the introduction of a new bill today.
NEW ZEALAND - The New Zealand Superannuation fund has returned -11% for the third quarter of 2011.
CANADA - Canadian pension funds kept mergers and acquisitions (M&A) activity in the country afloat in the third quarter, according to PwC.
AUSTRALIA - The A$73.2bn ($78.2bn) Future Fund lost 2.9% in the third quarter, though moves to decrease equity exposures helped stave off more drastic losses.