State Super (DC) to steer clear from infra after Queensland airports sale
John Livanas, CEO of State Super, discusses the superannuation fund's sale of its Queensland Airports Limited stake and explains why future infrastructure investments are improbable for its closed defined contributions fund.
The recent sale of Queensland Airports Limited (QAL) stakes by State Super, Australian Retirement Trust (ART), and The Infrastructure Fund (TIF), managed by Macquarie Asset Management, marks a significant transaction in the Australian infrastructure market.
The transaction exemplifies how State Super, a closed pension fund, strategically manages long-term assets while facing the unique challenge of a shrinking membership base.
John Livanas
State Super
"The defined cont…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.