External investment managers

External investment managers play an important role in managing your super and retirement savings. We select them based on their specialist skills across a range of asset classes.

How we select external managers

We invest some of the Fund’s assets through external investment managers. Before appointing managers, we conduct extensive research to:

  • get a thorough understanding of their organisation and its background,
  • assess the motivation and focus of the funds management team,
  • understand their investment philosophy and investment process,
  • review their compliance procedures, and
  • cover any other issues, such as their environmental, social and governance (ESG) policy.

When selecting an external manager, we look for:

  • a high quality and stable team, that’s appropriately resourced and highly motivated,
  • a high level of investment insight, demonstrated through superior generation of ideas and a record of delivering good performance,
  • appropriate incentives that motivate and secure the key individuals and appropriately align their performance outcomes with ours,
  • an organisation with a strong focus and drive to succeed that’s committed to the business for the longer term,
  • an ability to monitor and assess ESG issues and integrate ESG considerations into their investment analysis,
  • adequate internal control, audit, insurance arrangements, disaster recovery and business continuity, and
  • competitive fees.

Once we appoint a manager, we agree to terms stating how they’ll invest money on our behalf. We then monitor this contract to ensure they comply. We also undertake ongoing reviews of each incumbent manager to ensure they maintain their competitive edge and remain appropriate within our investment structure.

Our external investment managers

 EQUITIES
Australian SHARE MANAGERS
  • Airlie Funds Management Pty Ltd
  • Ausbil Investment Management Ltd
  • Discovery Asset Management Pty Ltd
  • ECP Asset Management Pty Ltd
  • Janus Henderson Investors
  • Kinetic Investment Partners Ltd
  • Lazard Asset Management Pacific Co
  • Lennox Capital Partners
  • Quest Asset Partners Pty Ltd
  • Selector Funds Management Ltd
  • Schroder Investment Management Australia Ltd
  • State Street Bank and Trust Company
  • Tribeca Investment Partners Pty Ltd
INTERNATIONAL SHARE MANAGERS
  • Acadian Asset Management LLC
  • Arrowstreet Capital Limited Partnership
  • Baillie Gifford Overseas Limited
  • Blackrock Asset Management Australia Limited
  • Janus Henderson Investors
  • MFS International Australia Pty Ltd
  • Mirae Asset Global Investments (Hong Kong) Limited
  • Sands Capital Management LLC
  • Schroder Investment Management Australia Limited
  • State Street Bank and Trust Company
  • T. Rowe Price Global Investment Services Limited
PROPERTY
DIRECT PROPERTY MANAGERS/FUNDS
  • AMP Capital – UniSuper Portfolio
  • AMP Wholesale Office Trust
  • Goodman Australian Industrial Partnership
  • GPT Wholesale Office Fund
  • GPT Wholesale Shopping Centre Fund
  • ISPT 50 Lonsdale Street Trust
  • ISPT Core Fund
  • Lendlease APPF Industrial
  • Lendlease APPF Retail
PRIVATE EQUITY
  We don’t publish our private equity manager details
ALTERNATIVE INVESTMENTS - INFRASTRUCTURE
 
  • Colonial First State
  • Macquarie Specialised Asset Management Limited
  • Hancock Natural Resources Group
FIXED INTEREST, CASH AND BONDS
FIXED INTEREST MANAGERS
  • BlackRock Asset Management Australia Limited
  • Colonial First State Asset Management (Australia) Limited
  • JamiesonCoote Bonds Pty Ltd
  • Macquarie Investment Management Limited
  • Morgan Stanley Investment Management (Australia) Pty Limited
  • Oak Hill Advisors LP
  • Oaktree Capital Management LP
  • Prudential Investment Management Inc
  • State Street Bank and Trust Company
  • Tanarra Credit Partners
CASH MANAGERS
  • Colonial First State Asset Management (Australia) Limited

Note: The above listing is current as at May 2018. Some managers may have been appointed or terminated since this date. Listings for direct property and alternative investments include pooled funds in which UniSuper has invested, which are managed externally.