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.