Australian Super

AustralianSuper operates as Australia's largest superannuation fund, managing over A$410 billion in retirement savings for more than 3.6 million members. The firm is structured as a profit-for-member entity, meaning that any profits generated are directed back to its members rather than being distributed to shareholders. This operational model underpins the company's core purpose, which is to assist its members in achieving their optimal financial position in retirement. AustralianSuper leverages its substantial size, expertise, and global presence to identify and access investment opportunities designed to benefit its diverse membership base.

The company employs an active approach to investment management, focusing on a long-term, global perspective to deliver returns. AustralianSuper's investment strategy is built on key pillars including active management, diversification, internal expertise, and global opportunities. The firm offers various investment options, such as the Balanced option, PreMixed options for diversified portfolios, DIY Mix options for more active involvement, and Member Direct options for greater control over individual shares and exchange-traded funds. Its portfolio is diversified across a range of asset classes, including Australian and international shares, infrastructure, property, private equity, fixed income, and cash, with a significant portion invested in unlisted assets due to their potential for strong and stable long-term returns.

AustralianSuper is led by an Executive Team and a Board of Directors, who collectively guide a global team committed to delivering retirement outcomes for members. The leadership team is responsible for setting the strategic direction, overseeing risk management, enhancing member experience, and driving innovation across investment and technology services. Recent executive changes have been implemented to strengthen the firm's focus on innovation, global growth, and member service, including new appointments and expanded roles within the leadership structure. The company also engages in policy and advocacy, collaborating with government, businesses, and the superannuation industry to promote an equitable and sustainable retirement system.

The firm demonstrates a commitment to various social and environmental initiatives. AustralianSuper is dedicated to reconciliation, working to address systemic issues that First Nations peoples may encounter when engaging with the superannuation system. The company also affirms its commitment to LGBTQ+ inclusion and equality, recognizing and celebrating the diversity within its membership. Furthermore, AustralianSuper is committed to driving gender equality, with a Diversity, Equity, and Inclusion Plan that targets equal gender representation at all levels, aims to close the gender pay gap, and ensures equal access to employment terms and conditions for all genders. The company has also committed to achieving net zero carbon emissions in its investment portfolio by 2050, focusing on scope 1 and scope 2 emissions of portfolio investments, and is a founding member of Climate Action 100+, an investor engagement initiative for emissions reductions.

AustralianSuper's primary business is the management of superannuation funds, which are compulsory retirement savings in Australia. The company's investment activities span a broad range of asset classes globally, including direct investments in infrastructure and property. However, the firm does not specifically identify Purpose-Built Student Accommodation (PBSA) as a core or sole focus of its investment strategy or business operations. Its investments in property and infrastructure are part of a wider diversified portfolio aimed at maximizing long-term returns for its members' retirement savings.