AvSuper uses a range of professional investment managers who specialise in different investment areas to invest members’ money according to specific objectives and strategies (including strategies to guard against excessive risk) set out by the AvSuper Trustee.
In our last Annual Trustee Report we advised members of the Trustee’s decision to further enhance AvSuper’s strategic asset allocations via infrastructure investments. Since this time the Trustee has reviewed a select group of prospective infrastructure investment managers to determine the most suitable investment vehicle and manager, and recently appointed RARE Infrastructure Limited to manage the Fund’s listed global infrastructure portfolio.
RARE is an investment manager with worldwide experience who specialises in global infrastructure investments. RARE invests in global infrastructure securities with long term, stable returns that are expected to have a high income component such as:
- gas networks and pipelines
- water networks and electric utilities
- airport and toll roads
- logistics and communications infrastructure
The listed global infrastructure has solid foundations and is set to grow strongly over the next five to ten years. The Trustee expects that this increasing and diverse investment has the potential to provide additional value to AvSuper members’ investment and retirement savings.