Investment managers: all plans

On recommendation of its asset consultant, GESB employs a diversified group of external investment managers to invest your funds. GESB typically has multiple investment managers in each asset class to mitigate the risk of having a concentrated exposure to a particular investment manager or a particular investment style.

  • Investment Managers
    • How we work with investment managers

      How we work with investment managers

      Investing in Australia and overseas is complex - so we use professional investment managers.

      Our investment managers are companies which specialise in buying, selling and analysing specific types of investments, or asset classes.

      We decide which assets to buy and sell

      Our investment managers buy and sell assets on our behalf. For example, our investment managers for Australian Shares work within our risk guidelines to decide which companies to buy and sell Shares in, and then place orders for those Shares.

      We usually have more than one investment manager for each type of asset

      This approach means we can use the skills of a range of investment managers from around the world without having too much influence from a particular manager or investment style. It allows us to maintain a balance of assets across a range of investment managers, which helps us to achieve our investment goals over the long term.

      Our asset consultant recommends investment managers

      Our asset consultant has an in-depth understanding of investment markets and uses a thorough and detailed process to find the right investment managers. Our asset consultant looks for the investment managers which have defined investment approaches and are most likely to help us achieve long-term returns.

      We regularly review our choice of investment managers. We check their risk and return profiles and check that they meet our expectations.

      For more information see our Investment Governance Statement and approach to responsible investing.

      The WA State Government plays a role

      Under the State Superannuation Act 2000, the State Treasurer needs to approve:

      • Prudential guidelines for investments that cover the kind of investments that the Board can make
      • How we appoint investment managers
      • The regulations that affect the financial rights and obligations of the Crown

      Learn more about our investment managers

      We’ve listed the investment managers we use for each asset class. Find out more about each investment manager, including an interesting fast fact.

  • Australian Shares
    • Allan Gray

      Allan Gray Australia Pty Ltd

      Fast fact:

      Allan Gray was formerly known as Orbis Investment Management (Australia).

      Mandate:

      To manage an active portfolio of Australian equities.

      Allan Gray Australia Pty Ltd logo

      Allan Gray Australia (Allan Gray) has been investing on behalf of Australian investors through their contrarian investment approach since 2005, as the wider group has done in South Africa since 1973.

      Allan Gray's investment process will generally establish portfolios biased towards both value and small capitalisation stocks. Allan Gray focuses on buying shares at a discount to the underlying intrinsic value of a business. This often happens when businesses are broadly disliked or vilified in the popular press. Being contrarian is a difficult investment discipline, but can also be the most rewarding over the long term.

    • BlackRock

      BlackRock Investment Management (Australia) Limited

      Fast fact:

      BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients.

      Mandate:

      To manage an indexed portfolio of Australian equities.

      BlackRock Investment Management (Australia) Limited logo

      BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At 31 December 2016, BlackRock's Assets Under Management was $5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles.

      BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of 31 December 2016, the firm has approximately 13,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa.

      BlackRock is committed to becoming the most respected investment and risk manager in the Australian market. They are an integrated asset management business with locally-based investment, risk management, and client service functions. They have three Australian offices - Sydney, Melbourne and Brisbane - accommodating approximately 180 staff, including a 15 strong team dedicated to institutional clients.

    • Pendal

      Pendal Institutional Limited

      Fast fact:

      Pendal’s Australian equity portfolios are managed in a ‘core’ investment style. This enables Pendal to deliver consistent outperformance, regardless of market trends, through active stock selection and company research.

      Mandate:

      To manage an active portfolio of Australian equities.

      Pendal Institutional Limited logo

      Pendal Institutional Limited (Pendal) is an independent, global investment management business, focused on delivering superior investment returns for its clients through active management.

      Pendal offers investors a range of Australian and international investment choices, including shares, property securities, fixed income and cash strategies, as well as multi-asset and responsible investments. To complement its in-house expertise, Pendal also partners with leading global investment managers.

      Pendal does not have a ‘house view’ and operates a multi-boutique style business. Pendal’s investment teams are supported by a strong operational platform across risk and compliance, sales, marketing and operations, allowing its fund managers to focus on generating returns for its clients.

      Pendal is a wholly owned subsidiary of Pendal Group Limited (ASX: PDL). With A$99 billion1 in funds under management (as at 31 March 2018), Pendal Group Limited is one of Australia’s largest and most enduring pure investment managers, with a market capitalisation of around $3.6 billion.

      1 Includes J O Hambro Capital Management assets under management.

    • Perpetual

      Perpetual Investment Management Limited

      Fast fact:

      Perpetual Investment Management Limited adopts an investment style based on bottom-up fundamental analysis, seeking quality companies with sound management, conservative debt levels, recurring earnings and a quality business.

      Mandate:

      To manage an active portfolio of Australian equities.

      Perpetual Investment Management Limited logo

      Perpetual Investment Management Limited (PIML) is one of Australia's leading investment managers. PIML is part of the Perpetual Group, which has been in operation for more than 125 years. By employing some of the industry's best investment specialists and applying a proven investment philosophy, Perpetual has been able to help generations of Australians manage their wealth.

      With one of Australia's largest, most well-resourced and experienced investment teams, PIML offers investors expertise across four major investment capabilities: Australian Equities; Global Equities; Cash, Credit and Fixed Income; and multi asset strategies. 

      PIML's investment management approach is to make active investment decisions based on intensive analysis of an investment's quality, value and risk. Rather than trying to predict where markets are heading - the investment teams simply try to choose the best quality investments at prices that represent good value, based on their potential risks and returns.

      PIML is also a signatory to the United Nations Principles for Responsible Investment (UNPRI) which means analysts and portfolio managers consider the environmental, social and governance factors that can the affect the quality and value of an investment.

    • Solaris

      Solaris Investment Management Limited

      Fast fact:

      Solaris' empowered analyst model is designed to produce long-term consistent alpha generation with crystal clear performance attribution.

      Mandate:

      To manage an active portfolio of Australian equities.

      Solaris Investment Management Limited logo

      Solaris is a highly experienced, style-neutral Australian Equities funds manager with a tried and tested investment process forged over 2 decades. Servicing a variety of clients, Solaris provides investment management for institutional, family office and platform investors. The business is majority owned by the team and is comprised of 10 experienced investment professionals with an average investment experience of 17 years. Solaris offers core, concentrated, ESG and after-tax strategies to suit specific investor needs and objectives.

      The Solaris investment process identifies stocks with the best expected return, regardless of perceived style. Solaris pick stocks using fundamental analysis to exploit market inefficiencies in forecasts and valuations.  To optimise the conversion of fundamental research into investment portfolios, Solaris empowers their analysts by combining their analytical role with that of portfolio manager.  This combination ensures the portfolio is constructed purely from the ground-up using the knowledge and skill of the people at the analytical 'coal face'.  The analyst is responsible for the stock-picking decision from beginning to end and is held accountable by reference to performance attribution.  This performance attribution then drives their annual remuneration outcomes.  The use of multiple portfolio-manager/analysts also diversifies the decision-making process delivering more consistent outperformance, together with lower key person risk.

    • Spheria

      Spheria Asset Management Pty Ltd

      Fast fact:

      Spheria Asset Management Pty Limited (Spheria) has developed a leading-edge technology system that allows it to efficiently review and analyse a company’s financial history using data from third-party providers. This provides Spheria with a consistent template to model listed companies in Australia, New Zealand and many international markets.

      Mandate:

      To manage an active portfolio of Australian small to medium-sized capitalisation equities.

      Established in 2016, Spheria is a boutique fund manager with a focus on delivering strong investment performance for its clients at the small to medium-sized end of the share market.

      Spheria’s investment philosophy is to purchase shares in a business where the future-free cash flows can be reasonably predicted, and the security is trading at a discount to its calculated intrinsic value. Keeping an open mind to potential investments (regardless of popularity), is critical to the process, and expanding horizons to consider global influences provides them with a powerful edge.

    • Tribeca

      Tribeca Investment Partners Pty Ltd

      Fast fact:

      Tribeca's investment process leads them to focus on the higher quality, industrial stocks in the index.

      Mandate:

      To manage an active portfolio of Australian small capitalisation equities.

      Tribeca Investment Partners Pty Ltd logo

      Established in 1998, Tribeca Investment Partners is an Australian-based, boutique fund manager with a reputation for delivering on performance targets. Tribeca's clients are those who actively seek innovation beyond the mainstream. Distinct in its market, Tribeca blends traditional fundamental qualitative research with quantitative analysis, combining quality investment decisions with the insight of successful experience.

      The Small Capitalisation strategy provides exposure to listed Australian companies outside of the top 50 and predominantly outside of the top 100 ASX listed companies by market capitalisation. This strategy seeks to benefit from the concept of information arbitrage and deliberately skews its exposure toward the higher quality companies available within the investible universe.

  • International Shares
    • BlackRock

      BlackRock Investment Management (Australia) Limited

      Fast fact:

      BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients.

      Mandate:

      To manage indexed portfolios of global and emerging market equities.

      BlackRock Investment Management (Australia) Limited logo

      BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At 31 December 2016, BlackRock's Assets Under Management was $5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles.

      BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of 31 December 2016, the firm has approximately 13,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa.

      BlackRock is committed to becoming the most respected investment and risk manager in the Australian market. They are an integrated asset management business with locally-based investment, risk management, and client service functions. They have three Australian offices - Sydney, Melbourne and Brisbane - accommodating approximately 180 staff, including a 15 strong team dedicated to institutional clients.

    • C Worldwide

      C Worldwide Asset Management

      Fast fact:

      CAM refers to their global equity investment approach as 'Trend Based Stock Picking'.

      Mandate:

      To manage an active portfolio of global equities.

      C Worldwide Asset Management logo

      C Worldwide Asset Management (CAM) is a Danish-based global equity investment manager, founded in 1986. CAM had assets under management of AUD$18 billion as at 30 September 2016, with the majority of its assets invested in global equities. The firm's objective is to deliver consistent long-term asset growth for clients.

      CAM's unique portfolio management style is based on careful stock picking and long-term global trends. The most distinctive feature of its investment philosophy, which has remained unchanged since the firm's inception in 1986, is its 30 high conviction stock target.

      Its relatively concentrated portfolio ensures a disciplined and focused approach emphasising selectivity. Importantly, a focused portfolio results in a disciplined buy and sell approach based on the 'one-in, one-out' better alternative principle.

      CAM believes that by focusing on the long-term structural environment and selected global themes and trends, coupled with a long holding period when investing, the best risk-adjusted return can be achieved. Finding and investing in a select few good ideas is the key to how the firm adds value over the long term.

    • Causeway Capital

      Causeway Capital Management LLC

      Fast fact:

      All of Causeway's strategies are managed through a fusion of fundamental and quantitative research disciplines.

      Mandate:

      To manage an active portfolio of global equities.

      Causeway logo

      Causeway Capital Management LLC is an employee-owned investment management firm based in Los Angeles, California. Causeway specialise in managing global, international, emerging market and absolute return equities. The firm's mission is to provide clients with superior risk-adjusted returns, while maintaining a culture of responsibility and accountability.

      Causeway believes its fusion of fundamental and quantitative research gives the firm a global knowledge advantage, which it puts to work efficiently for its clients. The firm's value strategies employ a deeply ingrained research culture in which ideas are debated vigorously. This creates an environment that fosters unconventional thinking and innovative insights.

      Causeway's fundamental research team has a 25-year record (including its former firm) of continuity in its principals. This has led to stability of personnel, investment style, clients and intellectual perspective. The firm invests in major equity markets across the globe, spanning the U.S., international, and emerging markets. A comprehensive research department of fundamental and quantitative analysts supports its global equity strategies that are managed by a team of portfolio managers.

    • Copper Rock

      Copper Rock Capital Partners LLC

      Fast fact:

      Copper Rock is a boutique firm specialising in global small and mid capitalisation equity investing.

      Mandate:

      To manage an active portfolio of global small capitalisation equities.

      Copper Rock Capital Partners LLC logo

      Copper Rock Capital Partners LLC (Copper Rock) provides specialised global equity investment management solutions for institutional investors worldwide. Copper Rock has been managing International and Global Small Cap strategies since November 2008. The firm is an affiliate of Old Mutual Asset Management (US) with Copper Rock employees having a 35% ownership stake in the firm. 

      Copper Rock uses quantitative and fundamental analyses to identify companies with superior growth rates. This strategy seeks to outperform the benchmark through superior, bottom-up stock selection. The quantitative process integrates simultaneous inputs from the proprietary quantitative model and, detailed company analysis. In addition, Copper Rock's investment professionals conduct extensive, hands-on fundamental research through meetings with company management which further confirms the investment thesis on each position in the portfolio. This combination of quantitative and fundamental analysis is used to construct a concentrated portfolio of outperforming securities.

    • Investec

      Investec Asset Management Australia Pty Ltd

      Fast fact:

      Investec Asset Management is a specialist investment manager.

      Mandate:

      To manage an active portfolio of emerging market equities.

      Investec Asset Management logo

      Investec Asset Management is a specialist, active investment manager, providing an extensive range of strategies and portfolio tools, covering major asset classes, sectors and geographies.

      It all began in South Africa in 1991, where the company were a small start-up asset manager offering domestic strategies in an emerging market. Over twenty five years of growth later they are an international business managing approximately $142.4 billion (as at 30 September 2018) for clients based all over the world.

      Investec Asset Management provides investment products and services to institutions, advisory clients and individuals. Their clients include pension funds, central banks, sovereign wealth funds, insurers, foundations, financial advisers and individual investors.

      Investec manages an active portfolio of emerging market equities.

    • Mesirow Financial

      Mesirow Financial Investment Management, Inc.

      Fast fact:

      Mesirow Financial is a leading, independent currency specialist, delivering customised risk management solutions to institutional clients globally since 1990.

      Mandate:

      To manage a passive currency hedge over GESB's international equity portfolio.

      Mesirow Financial Investment Management, Inc. logo

      Founded in 1937, Mesirow Financial is a Chicago-based, diversified financial services firm with offices globally. Mesirow Financial is primarily an employee-owned, private company with over 1,100 employees and encompasses three divisions of services:

      • Investment management - multi-product money manager of Risk Management (passive and active Currency Risk Management), Hedge Fund Strategies, Private Equity, Direct Real Estate, Equities and Fixed Income
      • Global markets - Institutional Sales and Trading, Public Finance, Investment Banking, Credit Tenant Lease Finance, Sale-Leaseback Capital, Single Tenant Properties, Investment Brokerage, and Options Strategies
      • Insurance services - Property and Casualty, Employee Benefits, Private Client Insurance, Life and Disability, and Structured Settlements

      Mesirow Financial delivers a full range of currency risk applications, both passive and active, tailored to their client's specific context and objectives. With over A$90 billion in Currency Risk Assets under Management, Mesirow Financial has the expertise to provide objective, strategic advice and implement effective, best practice currency risk solutions for their global clients.

    • Schroders

      Schroder Investment Management Limited (Schroders)

      Fast fact:

      Schroders is a quantitative value and quality style manager.

      Mandate:

      To manage an active portfolio of global equities.

      Schroder Investment Management Limited (Schroders) logo

      Schroders plc is one of the largest and most internationally diverse, independent investment managers providing investment management, research and marketing services from 37 offices located in 27 countries. Schroders only focuses on asset management and therefore its goals are completely aligned with those of its clients - ie the creation of long-term value. Schroders manages funds on behalf of institutional and retail investors, financial institutions and high net worth clients from around the world, invested in a broad range of asset classes across equities, fixed interest, multi-asset and alternatives.

      Over 3,100 people are employed worldwide, operating from offices in different countries across Europe, the Americas, Asia Pacific and the Middle East, close to the markets in which it invests and close to its clients. Schroders' team of 429 investment professionals are based in 18 of our offices around the globe contributing local knowledge and investment ideas to our global research network. This means Schroders can identify investment potential wherever it is located.

      In Australia, Schroders is a wholly owned subsidiary of Schroders plc. Established in 1961, Schroders Australian business manages funds across a broad range of asset classes.

  • Private Equity
    • Mesirow Financial

      Mesirow Financial Investment Management, Inc.

      Fast fact:

      Mesirow Financial is a leading, independent currency specialist, delivering customised risk management solutions to institutional clients globally since 1990.

      Mandate:

      To manage a passive currency hedge over GESB's private equity portfolio.

      Mesirow Financial Investment Management, Inc. logo

      Founded in 1937, Mesirow Financial is a Chicago-based, diversified financial services firm with offices globally. Mesirow Financial is primarily an employee-owned, private company with over 1,100 employees and encompasses three divisions of services:

      • Investment management - multi-product money manager of Risk Management (passive and active Currency Risk Management), Hedge Fund Strategies, Private Equity, Direct Real Estate, Equities and Fixed Income
      • Global markets - Institutional Sales and Trading, Public Finance, Investment Banking, Credit Tenant Lease Finance, Sale-Leaseback Capital, Single Tenant Properties, Investment Brokerage, and Options Strategies
      • Insurance services - Property and Casualty, Employee Benefits, Private Client Insurance, Life and Disability, and Structured Settlements

      Mesirow Financial delivers a full range of currency risk applications, both passive and active, tailored to their client's specific context and objectives. With over A$90 billion in Currency Risk Assets under Management, Mesirow Financial has the expertise to provide objective, strategic advice and implement effective, best practice currency risk solutions for their global clients.

    • StepStone Group

      StepStone Group, LP

      Fast fact:

      The firm covers the global private markets across multiple sectors and operates from 12 offices in eight countries.

      Mandate:

      To manage a global private equity portfolio.

      StepStone Group, LP

      StepStone is a global private markets firm overseeing more than US$96 billion of private capital allocations, including approximately US$24 billion of assets under management.

      The firm provides comprehensive coverage of the private markets, including private equity, private debt, real estate, infrastructure and real assets. It is a fully-integrated organisation that engages in primary, co-investment, secondary, and monitoring and reporting activities across each of these areas.

      StepStone specialises in providing bespoke private markets investment management and advisory services to institutional clients using industry-leading analytics and research capabilities.

      The firm is managed by 30 partners who are supported by over 175 professionals across offices in Perth, Beijing, Hong Kong, La Jolla, London, New York, San Francisco, São Paulo, Seoul, Sydney, Tokyo and Toronto. With offices staffed by local investment professionals, StepStone uses a local approach in each of the markets in which it operates globally.

  • Property
    • Aberdeen

      Aberdeen Standard Investments

      Fast fact:

      Aberdeen Standard Investments has 14 real estate investment offices across Europe, giving its clients strong access to deal flow and local market insights.

      Mandate:

      To manage a portfolio of European unlisted property assets.

      Aberdeen Standard Investments logo

      Created in 2017 from the merger of Standard Life PLC and Aberdeen Asset Management PLC, Standard Life Aberdeen PLC is one of the world’s largest investment companies. Operating under the brand Aberdeen Standard Investments, the investment arm manages €562.7 billion of assets making it the largest active manager in the UK and the second largest in Europe.

      The Aberdeen Standard Investments real estate division manages circa €47 billion of assets in direct real estate, listed real estate, multi-manager and commercial real estate debt.  Their dedicated team of approximately 260 real estate investment professionals, based in 18 global locations manage over 1,600 direct real estate assets worldwide.

      The Aberdeen Standard Investments real estate division provides domestic and international investment exposure to real estate by offering a wide range of investment products and services. These are all supported by a rigorous investment process, independent in-house research and in-house local asset management and transaction services.

    • AMP Capital

      AMP Capital Investors Ltd

      Fast fact:

      AMP Capital's Real Estate team has over 60+ years of experience sourcing, investing in, managing and developing iconic real estate for institutional and retail investors.

      Mandate:

      To manage a portfolio of assets in the unlisted retail property sector.

      AMP Capital Investors Limited logo

      AMP Capital is one of the largest and most experienced direct real estate fund managers in the Asia-Pacific. Starting with the opening of Australia's first skyscraper in 1962, its heritage in real estate investment, management and development spans over 50 years and many investment cycles.

      AMP Capital's extensive global network and integrated management model allows its multi-disciplinary team of real estate professionals to realise true value for clients. This is achieved through the investment management, property management and development of a portfolio of some of the most iconic shopping centres, office buildings and industrial estates across Australia and New Zealand.

      The AMP Capital Shopping Centre Fund (ASCF) is a portfolio of high quality shopping centres with a core holding of super regional shopping centres. ASCF seeks to add value and optimise returns through an active asset, capital and development management approach, with an emphasis on low volatility, underpinned by a diverse and robust income stream.

    • BlackRock

      BlackRock Investment Management (Australia) Limited

      Fast fact:

      BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients.

      Mandate:

      To manage an indexed portfolio of global listed property securities.

      BlackRock Investment Management (Australia) Limited logo

      BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At 31 December 2016, BlackRock's Assets Under Management was $5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles.

      BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of 31 December 2016, the firm has approximately 13,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa.

      BlackRock is committed to becoming the most respected investment and risk manager in the Australian market. They are an integrated asset management business with locally-based investment, risk management, and client service functions. They have three Australian offices - Sydney, Melbourne and Brisbane - accommodating approximately 180 staff, including a 15 strong team dedicated to institutional clients.

    • GPT

      GPT Funds Management Limited

      Fast fact:

      The GPT Group (GPT or the Group), was Australia’s first property trust when it listed on the Australian Securities Exchange in 1971.

      Mandate:

      To manage a portfolio in the unlisted office property sector.

      GPT Funds Management Limited logo

      GPT Funds Management (GPTFM) is the responsible entity of GPT Wholesale Office Fund (GWOF), launched in July 2006, and the GPT Wholesale Shopping Centre Fund (GWSCF), launched in March 2007. GPTFM is accountable for the day to day management and investment decisions of the funds.

      GPTFM  provides GPT with an important source of income through funds management, property management and development management fees, while providing GPT investors with access to a steady income stream through a significant co-investment in each of GWOF and GWSCF. The Funds Management platform also provides the opportunity to enhance the returns and growth profile of the Group, while leveraging the skills and expertise of GPT's team.

      GPT is one of Australia’s largest diversified property groups and a top 50 ASX listed company by market capitalisation. The Group owns and manages a $24 billion portfolio of retail, office, and logistics property assets across Sydney, Melbourne and Brisbane.

      GPT’s portfolio includes some of the most iconic buildings in Australia, as well as award-winning developments. These include Melbourne Central and Highpoint Shopping Centre in Melbourne, Australia Square, 1 Farrer Place and Citigroup Centre in Sydney and One One One Eagle Street in Brisbane.

    • Invesco

      Invesco Australia Limited

      Fast fact:

      Invesco is an independent firm, solely focused on investment management. They direct all their intellectual capital, global strength and operational stability towards helping investors achieve their long-term financial objectives.

      Mandate:

      To manage a portfolio of US core, unlisted real estate assets.

      Invesco Australia Limited logo

      Invesco Ltd is a leading global investment firm which aims to deliver an investment experience that helps people get more out of life.

      Headquartered in Atlanta, USA, the firm has assets under management of approximately A$1.4 trillion (as at 30 April 2019) and is listed on the New York Stock Exchange (NYSE Code IVZ). Founded in 1935, today Invesco Ltd serves clients in 50 global locations and has more than 7,000 employees worldwide including more than 700 investment professionals. Invesco’s clients benefit from a commitment to investment excellence, a strong depth of investment capabilities, and organisational strength.

      As a fully independent firm, all of Invesco’s resources are dedicated to investment management. Rather than being shackled by a single ‘house view’, each of the firm’s 13 investment centres worldwide has its own unique methodology for investing.

      Invesco’s specialised offerings for Australian investors include Australian equities (quantitative; long-only, long/short, smaller companies); fixed income (senior secured loans); global equities (fundamental high conviction); alternatives (multi-asset; direct property); and listed property.

    • Lendlease

      Lendlease Investment Management (Australia) Pty Limited

      Fast fact:

      Lendlease’s Australian funds management platform is a leader in sustainability and each of its flagship funds has a responsible property investment strategy in place.

      Mandate:

      To manage a portfolio of assets in the unlisted retail and commercial (office) property sectors.

      Lendlease Investment Management (Australia) Pty Limited logo

      Lendlease is a leading international property and infrastructure group with operations in Australia, Asia, the Americas and Europe. Lendlease Group’s global investment management platform spans wholesale funds across Asia, Australia, and the United Kingdom covering mainly Retail, Office, and Industrial sectors.

      The company invest on behalf of superannuation and pension funds, sovereign wealth funds, investment managers, and insurance companies, offering their investment partners access to quality property assets.

      Their strong investment management capability complements the world-class product creation capability of the broader Lendlease Group. This allows Lendlease to deliver a range of global real estate products and solutions tailored to the needs of institutional investors.

      The Australian funds management team comprises over 60 professionals and is committed to achieving sustainable, risk-adjusted returns for its investment partners. Lendlease adopts a consultative approach, aligning with investor interests to build partnerships for long term success.

    • Mesirow Financial

      Mesirow Financial Investment Management, Inc.

      Fast fact:

      Mesirow Financial is a leading, independent currency specialist, delivering customised risk management solutions to institutional clients globally since 1990.

      Mandate:

      To manage a passive currency hedge over GESB's Property portfolio.

      Mesirow Financial Investment Management, Inc. logo

      Founded in 1937, Mesirow Financial is a Chicago-based, diversified financial services firm with offices globally. Mesirow Financial is primarily an employee-owned, private company with over 1,100 employees and encompasses three divisions of services:

      • Investment management - multi-product money manager of Risk Management (passive and active Currency Risk Management), Hedge Fund Strategies, Private Equity, Direct Real Estate, Equities and Fixed Income
      • Global markets - Institutional Sales and Trading, Public Finance, Investment Banking, Credit Tenant Lease Finance, Sale-Leaseback Capital, Single Tenant Properties, Investment Brokerage, and Options Strategies
      • Insurance services - Property and Casualty, Employee Benefits, Private Client Insurance, Life and Disability, and Structured Settlements

      Mesirow Financial delivers a full range of currency risk applications, both passive and active, tailored to their client's specific context and objectives. With over A$90 billion in Currency Risk Assets under Management, Mesirow Financial has the expertise to provide objective, strategic advice and implement effective, best practice currency risk solutions for their global clients.

    • Morgan Stanley

      Morgan Stanley Investment Management (Australia) Pty Limited

      Fast fact:

      Morgan Stanley Investment Management actively manage capital across public and private markets worldwide, working to create alpha for its portfolios and results for its clients.

      Mandate:

      To manage a diversified portfolio of global listed property securities.

      Morgan Stanley Investment Management logo

      Morgan Stanley Investment Management actively manage capital across public and private markets worldwide, working to create alpha for its portfolios and results for its clients.

      Morgan's long-tenured professionals aim to provide unique market insights, single-sector and multi-asset strategies, and custom solutions. With more than four decades of asset management experience, the firm's investment strategies span the risk/return spectrum across geographies, investment styles and asset classes, including equity, fixed income, liquidity, alternatives and private markets.

      Each of Morgan's investment teams has a unique talent pool of experienced professionals who share the same core values of fiduciary responsibility and commitment to investment excellence that have been the hallmarks of Morgan Stanley Investment Management since its establishment.

    • Patrizia

      PATRIZIA Property Investment Managers LLP

      Fast fact:

      PATRIZIA is the leading global partner for pan-European real estate investment.

      Mandate:

      To manage a portfolio of UK unlisted property assets.

      PATRIZIA Property Investment Managers LLP logo

      PATRIZIA is a fully independent, focused real assets investment manager that acts as a fiduciary and provider of European real estate assets for a global capital base. The company was founded in 1984 by Wolfgang Egger, who remains majority shareholder and personally committed as CEO to this day.

      PATRIZIA spans a network of more than 850 professionals in 24 global office locations (19 of which are in Europe). This gives the company a truly local footprint in Europe and makes it a highly resourceful investment and asset management organisation. As of Q2 2019, PATRIZIA had total real assets worth circa €41 billion in discretionary and advisory mandates under management. The majority of pan-European real estate investments are managed on a third-party basis in the form of commingled funds, separate accounts or joint venture structures.

      With a long-standing track record of successful merger and acquisition activity, PATRIZIA has evolved into one of Europe’s top real estate investment management platforms with select product offering, ‘on-the-ground’ presence and substantial investor insight.

      In addition, the company is taking a tech leadership role in the industry, actively digitalising the business in order to achieve both economies of scale and excellent client service. This effort is driving further innovation and growth, firm-wide, as PATRIZIA continues its transformation.

    • QIC Limited

      QIC Limited

      Fast fact:

      QIC is a Queensland Government-owned corporation.

      Mandate:

      To manage a portfolio of assets predominantly in the unlisted retail sector.

      QIC Limited logo

      The company's primary objective is to deliver investment outcomes for their clients. Created in 1991 by the Queensland Government to serve its long-term investment responsibilities, they have grown into a leading long-term specialist manager in alternatives. QIC states that, 'We focus on our clients and their clients, first, last and only. Their objectives are our only objectives.' The company delivers to over 115 like-minded institutional investors in Australia and internationally.

      QIC's investment capabilities are relevant for today’s investment landscape. Their local and global networks give them access to quality alternative assets with a focus on infrastructure, real estate and private capital. QIC also specialise in liquid market solutions, providing multi-asset portfolios, liquid alternatives, active fixed interest and tailored overlays for their clients.

      QIC's heritage as an alternatives specialist with a long-term investor mindset informs everything they do and has enabled them to become the visionary asset manager the company is today. It’s an integral part of their business, and is why over AUD$85 billion (USD$60 billion) of people’s dreams are entrusted with QIC.

      The QIC Property Fund is a high quality portfolio worth approximately ~$11 billion of predominantly Australian retail real estate positioned to deliver sustainable income and strong capital returns.

      The figures above are as at 31 December 2018.

    • Resolution Capital

      Resolution Capital Limited

      Fast fact:

      Resolution Capital adopts a multi-portfolio manager approach for its portfolio construction.

      Mandate:

      To manage a diversified portfolio of global listed property securities.

      Resolution Capital logo

      Resolution Capital Limited is a specialist global real estate securities manager with a successful long-term investment track record and strong culture of fiduciary responsibility.

      Resolution Capital, established in 2004, is headquartered in Sydney, Australia and maintains an office in New York. It believes that listed real estate is an excellent means of gaining exposure to the underlying returns of some of the world's highest quality real estate assets in a simple, transparent, liquid and tax-efficient form.

      Resolution Capital is a value-oriented investment manager with the objective of delivering superior risk-adjusted long-term returns, compared with recognised industry benchmarks. The firm achieves this by investing in a concentrated portfolio of carefully selected listed real estate securities, with an emphasis on avoiding fundamental flaws that could reasonably result in permanent impairment of the underlying investments. This aligns the firm's investment process and security selection with clients' objectives of long-term real wealth creation and avoids a culture of index hugging.

  • Infrastructure
    • BlackRock

      BlackRock Investment Management (Australia) Limited

      Fast fact:

      BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients.

      Mandate:

      To manage an indexed portfolio of global listed infrastructure securities.

      BlackRock Investment Management (Australia) Limited logo

      BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At 31 December 2016, BlackRock's Assets Under Management was $5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles.

      BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of 31 December 2016, the firm has approximately 13,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa.

      BlackRock is committed to becoming the most respected investment and risk manager in the Australian market. They are an integrated asset management business with locally-based investment, risk management, and client service functions. They have three Australian offices - Sydney, Melbourne and Brisbane - accommodating approximately 180 staff, including a 15 strong team dedicated to institutional clients.

    • Mesirow Financial

      Mesirow Financial Investment Management, Inc.

      Fast fact:

      Mesirow Financial is a leading, independent currency specialist, delivering customised risk management solutions to institutional clients globally since 1990.

      Mandate:

      To manage a passive currency hedge over GESB's infrastructure portfolio.

      Mesirow Financial Investment Management, Inc. logo

      Founded in 1937, Mesirow Financial is a Chicago-based, diversified financial services firm with offices globally. Mesirow Financial is primarily an employee-owned, private company with over 1,100 employees and encompasses three divisions of services:

      • Investment management - multi-product money manager of Risk Management (passive and active Currency Risk Management), Hedge Fund Strategies, Private Equity, Direct Real Estate, Equities and Fixed Income
      • Global markets - Institutional Sales and Trading, Public Finance, Investment Banking, Credit Tenant Lease Finance, Sale-Leaseback Capital, Single Tenant Properties, Investment Brokerage, and Options Strategies
      • Insurance services - Property and Casualty, Employee Benefits, Private Client Insurance, Life and Disability, and Structured Settlements

      Mesirow Financial delivers a full range of currency risk applications, both passive and active, tailored to their client's specific context and objectives. With over A$90 billion in Currency Risk Assets under Management, Mesirow Financial has the expertise to provide objective, strategic advice and implement effective, best practice currency risk solutions for their global clients.

    • Morrison & Co

      Morrison & Co

      Fast fact:

      Morrison & Co is a specialist infrastructure investment and asset manager focused on infrastructure investments, in both private and listed markets.

      Mandate:

      To manage a portfolio of global, unlisted infrastructure assets.

      Morrison & Co logo

      Founded in 1988, Morrison & Co is a specialist infrastructure investment and asset manager focused on infrastructure investments, in both private and listed markets. Morrison & Co currently manages approximately A$15 billion in consolidated assets on behalf of its clients.

      Morrison & Co’s longest standing client is the NZX/ASX-listed infrastructure investment vehicle, Infratil Limited (Infratil). Infratil was founded by Morrison & Co in 1994 and successfully managed since its creation. Infratil’s current portfolio includes assets in Australia, New Zealand and the United States. Morrison & Co also manages a global infrastructure portfolio on behalf of sovereign wealth funds, pension funds and other public and private pools of capital.

      Morrison & Co has established a strong presence in Australian and New Zealand public-private partnership (PPP) investment, with three dedicated PPP funds and a team of specialist resources focused on social infrastructure opportunities across the region.

      Morrison & Co has offices in Sydney, Wellington, Auckland, Hong Kong, Melbourne, Brisbane, London and San Francisco. It performs a combination of investment, portfolio construction and asset management services for its clients.

    • RARE

      RARE Infrastructure Limited

      Fast fact:

      RARE is an infrastructure specialist, managing funds. They are not fund managers managing infrastructure.

      Mandate:

      To manage an active portfolio of globally-listed infrastructure securities.

      RARE Infrastructure Limited logo

      Founded in 2006, Risk Adjusted Returns to Equity (RARE) is a specialist investment manager, focused exclusively on globally listed infrastructure. This infrastructure include assets such as airports, rail, roads, electricity, and gas lines, which are all services needed by local and national economies to function and prosper.

      Within a portfolio, globally listed infrastructure offers the potential for lower volatility, stable cash flow, inflation protection and diversification.

      RARE's mission is to provide investors with portfolios of high-quality global infrastructure assets with the goal of delivering strong absolute returns over an investment cycle.

      RARE's investment approach is reflected in their name - Risk Adjusted Returns to Equity (RARE). Understanding and managing the relationship between risk and return is at the heart of their bottom-up investment process.

      RARE has developed a solid track record as the largest listed infrastructure manager globally with offices in Sydney, Melbourne, London and Chicago. Clients include government, corporate and industry pension funds, sovereign wealth funds and other large institutional investors as well as retail funds in Australia, UK, US, and Canada.

      In 2009 RARE became a signatory of the U.N. Principles for Responsible Investment. Legg Mason Asset Management acquired 75% of RARE in 2015 with Pacific Current Group having a 10% equity interest and staff owning the remaining 15%.

  • Medium Risk Alternatives
    • Bain Capital

      Bain Capital Credit, LP

      Fast fact:

      Bain Capital Credit is a specialist sub-investment grade credit manager.

      Mandate:

      To manage an active portfolio of sub-investment grade credit securities.

      Bain Capital Credit, LP logo

      Bain Capital Credit is an independently managed affiliate of Bain Capital, a leading global credit specialist. Their global investment team focusses on identifying the most attractive credit opportunities in North America, Europe and Asia Pacific and invest across the full spectrum of credit strategies. This includes leveraged loans, high-yield bonds, distressed debt, private lending, structured products, non-performing loans (NPLs) and equities.

      The cornerstone of their investment philosophy, is to generate attractive risk-adjusted returns for investors through rigorous due diligence at the industry, company and individual security level. Bain Capital Credit seeks to maximise expected, not potential, returns. They achieve this through fundamentally driven, bottom-up security selection that leverages the depth and experience of their investment team.

      Bain Capital Credit partners with institutions from around the world, ranging from pension funds to endowments and foundations to sovereign wealth funds. Bain Capital Credit has built a long-standing relationship with investors since their inception in 1999. Their focus is on transparency and best-in-class service to all of their investors.

    • BlackRock

      BlackRock Investment Management (Australia) Limited

      Fast fact:

      BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients.

      Mandate:

      To manage a multi-strategy absolute return fund.

      BlackRock Investment Management (Australia) Limited logo

      BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At 31 December 2016, BlackRock's Assets Under Management was $5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles.

      BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of 31 December 2016, the firm has approximately 13,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa.

      BlackRock is committed to becoming the most respected investment and risk manager in the Australian market. They are an integrated asset management business with locally-based investment, risk management, and client service functions. They have three Australian offices - Sydney, Melbourne and Brisbane - accommodating approximately 180 staff, including a 15 strong team dedicated to institutional clients.

    • Schroder

      Schroder Investment Management Australia Limited (Schroders)

      Fast fact:

      Schroders specialise in asset management.

      Mandate:

      To manage a diversified portfolio of securities and asset classes with an inflation plus five percent return objective.

      Schroder Investment Management Limited (Schroders) logo

      Schroders plc is one of the largest and most internationally diverse, independent investment managers providing investment management, research and marketing services from 37 offices located in 27 countries. Schroders only focuses on asset management and therefore its goals are completely aligned with those of its clients - ie the creation of long-term value. Schroders manages funds on behalf of institutional and retail investors, financial institutions and high net worth clients from around the world, invested in a broad range of asset classes across equities, fixed interest, multi-asset and alternatives.

      Over 3,100 people are employed worldwide, operating from offices in different countries across Europe, the Americas, Asia Pacific and the Middle East, close to the markets in which it invests and close to its clients. Schroders' team of 429 investment professionals are based in 18 of our offices around the globe contributing local knowledge and investment ideas to our global research network. This means Schroders can identify investment potential wherever it is located.

      In Australia, Schroders is a wholly owned subsidiary of Schroders plc. Established in 1961, Schroders Australian business manages funds across a broad range of asset classes.

  • Investment Grade Bonds
    • AMP Capital

      AMP Capital Investors Ltd

      Fast fact:

      The AMP Capital's Global Fixed Income team's research process is founded on quantitative tools which are augmented by qualitative assessments.

      Mandate:

      To manage an active portfolio of Australian investment grade government bonds and credit securities.

      AMP Capital  Investors Ltd (AMP Capital) is one of Australia's largest investment managers who specialise in fixed interest, equities and multi-asset solutions, together with a distinguished heritage and strength in real estate and infrastructure. The company's expertise across asset classes means clients benefit from deeper investment insights and a focus on delivering strong investment outcomes. AMP Capital shares a 160-year heritage with AMP Group, one of Australia's largest insurance and investment providers.

      AMP Capital's Global Fixed Income team identifies investment opportunities based on valuations and manages risk through a process combining interest rate and credit-specific research. The team's interest rate process combines a robust quantitative framework with qualitative market analysis to develop strategies in duration, curve and international interest rate spreads. The market analysis includes fundamental macroeconomic research, flow analysis (patterns of buying and selling), market positioning, valuation and price momentum. The team's credit investment style combines a top-down approach with bottom-up credit analysis. Top-down macro credit research focuses on global credit spreads in key credit sectors, while bottom-up research is focused on a global industry basis. The team identifies where credit markets are positioned within the credit cycle, and focuses on industries that are likely to outperform their peers on a risk-adjusted basis.

    • Macquarie

      Macquarie Investment Management Limited

      Fast fact:

      Macquarie is one of the largest fixed interest managers in the Australian market.

      Mandate:

      To manage an active portfolio of Australian investment grade government bonds and credit securities.

      Macquarie Investment Management Limited logo

      Macquarie Group Limited,  a global provider of banking, financial, advisory, investment and funds management services. Founded in 1969, Macquarie Group Limited employs more than 13,600 people in over 28 countries. Macquarie Funds Group (MFG) is the funds management arm of Macquarie Group Limited and is Australia's largest global asset manager and a top 50 asset manager worldwide. MFG includes Macquarie Investment Management Limited (Macquarie), the securities asset management business.

      Macquarie offers securities investment management capabilities across a number of asset classes including fixed interest, currencies, equities, infrastructure securities, private markets, hedge funds and multi-asset allocation solutions. It delivers a full-service offering to both institutional and retail clients in the US and Australia, with selective offerings in other regions.

    • PIMCO

      PIMCO Australia Pty Ltd (PIMCO)

      Fast fact:

      PIMCO is one of the world’s premier fixed income investment managers.

      Mandate:

      To actively manage a portfolio of investment grade global government bonds and global credit securities.

      PIMCO Australia Pty Ltd (PIMCO) logo

      PIMCO was founded in 1971 in Newport Beach, California. PIMCO has offices across the globe, with 2,500 professionals united by a single purpose: creating opportunities for investors in every environment.

      PIMCO introduced investors to a total return approach to fixed income investing. In the 45+ years since, PIMCO has continued to bring innovation and expertise to their partnership with clients seeking the best investment solutions.

      PIMCO partners with a wide range of institutions, including corporations, central banks, universities, endowments and foundations, and public and private pension and retirement plans.

      PIMCO also works with financial advisers and millions of individual investors pursuing personal financial goals. This ranges from preparing for retirement, to funding higher education. Investing clients’ assets is a huge responsibility, that PIMCO don’t take lightly. PIMCO works relentlessly to help investors reach their goals.

    • Wellington

      Wellington Management Company, LLP

      Fast fact:

      Wellington is one of the world's largest independent investment management firms.

      Mandate:

      To manage an active portfolio of investment grade global government bonds and credit securities.

      Wellington Management Company, LLP logo

      Tracing its roots to 1928, Wellington Management Company, LLP (Wellington) is one of the world's largest independent investment management firms. Wellington serves as a trusted adviser to more than 2,100 institutional clients and mutual fund sponsors in over 50 countries. Its innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed interest, multi-asset, and alternative strategies.

      As a private partnership whose sole business is investment management, Wellington's long-term views and interests are aligned with those of its clients. Wellington's commitment to investment excellence is evidenced by its significant presence and long-term track records in nearly all sectors of the liquid, global securities markets.

  • Defensive Alternatives
    • BNP Paribas

      BNP Paribas Asset Management

      Fast fact:

      Rebranded in June 2017, the BNP Paribas Asset Management (BNPP AM) Fixed Income business was previously named Fisher Francis Trees & Watts and was founded in 1972 as a dedicated institutional fixed income and currency management firm.

      Mandate:

      To manage an absolute return portfolio of Fixed Income securities.

      BNP Paribas Asset Management logo

      BNPP AM is a global asset manager with $841 billion in assets under management and advisory as at 30 June 2017. Backed by the BNP Paribas Group, BNPP AM has four main investment groups: Fixed Income, Private Debt and Real Assets, Equities, and Multi-Asset, Quantitative and Solutions.

      The BNPP AM Fixed Income investment organisation has a dedicated focus on institutional Fixed Income management, and has teams on the ground in 18 countries, with over 100 investment professionals. The organisation manages $435 billion in Fixed Income assets, as at 30 June 2017.

    • Kapstream

      Kapstream Pty Ltd 

      Fast fact:

      Kapstream's founders previously worked for PIMCO Australia.

      Mandate:

      To manage an absolute return portfolio of primarily investment grade fixed income securities.

      Kapstream Capital Pty Ltd (Kapstream) logo

      Kapstream, founded in 2006 focuses on absolute return/cash plus strategies within the global fixed interest space. Kapstream aims to provide clients with customised solutions while targeting capital protection, diversification, high levels of liquidity and low levels of volatility. In managing absolute return strategies in the global fixed interest space, Kapstream is able to maximise investment returns for clients. The capacity to move in and out of specific sectors and countries within the fixed interest universe, permits Kapstream to seek areas that are priced for greater return potential.

      This strategy entails a profile that is different relative to most traditional bond fund managers, however the Kapstream portfolio is expected to serve as a complement to bond portfolios by providing consistent returns over all business cycles. Additionally, Kapstream's investment approach will have a broader investment universe than most fixed interest funds in Australia, offering a product with a comprehensive global focus.

    • PIMCO

      PIMCO Australia Pty Ltd (PIMCO)

      Fast fact:

      PIMCO is one of the world’s premier fixed income investment managers.

      Mandate:

      To manage an absolute return portfolio of primarily investment grade fixed income securities.

      PIMCO Australia Pty Ltd (PIMCO) logo

      PIMCO was founded in 1971 in Newport Beach, California. PIMCO has offices across the globe, with 2,500 professionals united by a single purpose: creating opportunities for investors in every environment.

      PIMCO introduced investors to a total return approach to fixed income investing. In the 45+ years since, PIMCO has continued to bring innovation and expertise to their partnership with clients seeking the best investment solutions.

      PIMCO partners with a wide range of institutions, including corporations, central banks, universities, endowments and foundations, and public and private pension and retirement plans.

      PIMCO also works with financial advisers and millions of individual investors pursuing personal financial goals. This ranges from preparing for retirement, to funding higher education. Investing clients’ assets is a huge responsibility, that PIMCO don’t take lightly. PIMCO works relentlessly to help investors reach their goals.

  • Cash
    • First Sentier Investors

      First Sentier Investors

      Fast fact:

      First Sentier Investors is a standalone global investment management business, part of Mitsubishi UFJ Trust and Banking Corporation (MUTB), a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc.

      Mandate:

      To manage cash and bank term deposit portfolios.

      First Sentier Investors logo

      First Sentier Investors (formerly known as Colonial First State Global Asset Management) is a member of Mitsubishi UFJ Trust and Banking Corporation (MUTB), a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc. First Sentier Investors operates as a standalone global investment management business, committed to following its own path. This is to invest responsibly over the long term for the benefit of their clients and the communities in which they invest.

      Since their inception in 1988, First Sentier Investors have evolved into a global fund manager with a client base that extends across Asia, Australia, Europe and North America. As at 30 June 2019, they invest over AUD$222 billion across equities, fixed income, infrastructure and multi-asset solutions.

      First Sentier work together across multiple global markets, with more than 800 employees collaborating to achieve the vision to be a world-leading provider of active, specialist investment capabilities.

      Their brands include FSSA Investment Managers, Stewart Investors and Realindex. First Sentier Investors is known as First State Investments outside of Australia.

    • Macquarie

      Macquarie Investment Management Limited

      Fast fact:

      Macquarie has managed GESB's cash portfolio since 1992.

      Mandate:

      To manage a portfolio of Australian cash securities.

      Macquarie Investment Management Limited logo

      Macquarie Group Limited,  a global provider of banking, financial, advisory, investment and funds management services. Founded in 1969, Macquarie Group Limited employs more than 13,600 people in over 28 countries. Macquarie Funds Group (MFG) is the funds management arm of Macquarie Group Limited and is Australia's largest global asset manager and a top 50 asset manager worldwide. MFG includes Macquarie Investment Management Limited (Macquarie), the securities asset management business.

      Macquarie offers securities investment management capabilities across a number of asset classes including fixed interest, currencies, equities, infrastructure securities, private markets, hedge funds and multi-asset allocation solutions. It delivers a full-service offering to both institutional and retail clients in the US and Australia, with selective offerings in other regions.

Page last updated 20 June 2017