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.
Australia’s impact investing market has surged nearly eight-fold in just five years, climbing from $20 billion in value in 2020 to more than $157 billion, with much of the growth driven by green, social and sustainability (GSS) bonds.
The firm has forecast stronger global growth and higher inflation in 2026, signalling that central banks may be nearing the end of their easing cycles.
Despite ASIC’s scathing review of private credit funds, including concerns around valuation inconsistencies and mixed liquidity practices, the asset class grew 9 per cent in the last 12 months.
The fund has joined forces with Macquarie Asset Management in a USD500 million deal targeting infrastructure-linked businesses across global markets.