Asset Owner Directory

State Super (SAS Trustee)

State Super is the Trustee of the State Authorities Superannuation Scheme (SASS), State Superannuation Scheme (SSS) and Police Superannuation Scheme (PSS). The assets of all schemes have been combined into the STC Pooled Fund. State Super is one of Australia’s largest superannuation schemes with 100,000 members.

Country

Australia

AUM ($B)

$32

Performance

1.3

Chief Executive

John Livanas

Chief Investment Officer

Charles Wu

Chair

Nicholas Johnson

Asset allocation
The State Authorities Superannuation Scheme (SASS) is classified as a hybrid scheme because it has both a defined benefit component and an accumulation benefit component. In an accumulation scheme, a member's benefit comprises the contributions made to the scheme together with investment returns (positive or negative), less tax and expenses. State Super has multiple investment options, however, the majority of the fund is managed under the defined benefit Trustee Selection Strategy option which had AUD 33.692 bn funds under management as of June 30, 2020.

12.4% Australian Equities

19% International Equities

10.3% Infrastructure

1.8% Property

9.7% Other Alternatives

4.2% Australian Fixed Interest

4.8% International Fixed Interest

0.1% Defensive Strategies

28.2% Cash

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