Asset Owner Directory

Funds SA

Funds SA is a South Australian government-owned corporation established in July 1995 under the Superannuation Funds Management Corporation of South Australia Act 1995. Its investors are South Australia’s public sector pension and superannuation schemes and the long-term investment funds of State Government agencies.



AUM ($B)




Chief Executive

Jo Townsend 

Chief Investment Officer

Richard Friend


Paul Laband

Asset allocation

3% Cash

2% Short-term Fixed Interest

6% Long-term Fixed Interest

5% Inflation-linked Securities Tax-Exempt

8% Diversified Strategies Income

12% Property Tax-Exempt

23% Australian Equities Tax-Exempt

33% International Equities Tax-Exempt

8% Diversified Strategies Growth Tax-Exempt

Asset Owner Directory