September 08, 2015

Japan worlds largest super fund

Japanese coins Copyright Peter Hanami 2005
Picture: Japanese coins 

"There are 16 funds in the top 300 amounting to 3.4 per cent of the total $US15 trillion ($21 trillion) in assets of the top 300 – seventh-biggest after the US, Japan, The Netherlands, Norway, Canada and the UK.

No Australian funds were in the top 20. But two were in the top 50 – Future Fund and Australian Super – and another two in the top 100 – QSuper and First State Super. The Future Fund had $US89 billion under management in 2014 (this was $117 billion in June 2015, $US80 billion, due to exchange rate movement).

The biggest was Japan's Government Pension Investment at $US1.1 trillion, followed by Norway's sovereign fund at $US884 billion."

Source: Past little guide to future of Aussie super growth
September 8, 2015
By Shaun Drummond

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