Original article by Glenda Korporaal
The Australian – Page: 18 & 22 : 12-Mar-18
Hostplus chief investment officer Sam Sicilia says the $A700 billion industry superannuation fund sector wants to boost its investment in agriculture. However, it does not want to do so in an ad-hoc fashion, such as by acquiring individual dairy farms, as investing in this fashion yields lower returns than from other investments, such as infrastructure. He says that the sector is thinking of setting up a joint investment company that would have the backing of major industry funds.
HOST-PLUS, VICSUPER PTY LTD, INDUSTRY SUPER AUSTRALIA PTY LTD, FIRST STATE, AUSTRALIANSUPER PTY LTD, RETAIL EMPLOYEES SUPERANNUATION PTY LTD