Australia's largest superannuation fund, Australian Super, has picked up more than 5 per cent of the shares in United Kingdom-based investment house Henderson Group.
The Australian Super shareholding was announced to the Australian Securities Exchange today via a pro forma statement that the big super fund had picked up 5.92 per cent of the shares in Henderson, which has recently announced a strategy to expand its interests in Australia.
The company recently announced the opening of an office in Sydney and acquired a 33 per cent interest in boutique fund manager 90 West Asset Management.
The company has signalled its intention to have $10 billion in assets under management by 2018.
Henderson was until 2003 under the umbrella of AMP Limited.