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 by membership.

Country

Australia

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$26

Performance (%, 1YR)

-0.06

Chief Executive

John Livanas

Chief Investment Officer

Charles Wu

Chair

Nicholas Johnson

Asset allocation

Trustee Selection Strategy Asset Allocation

12.4% Australian Equities

35.3% International Equities

14.1% Infrastructure

10.1% Property

17.8% Other Alternatives

1.7% Australian Fixed Interest

4.1% Defensive Strategies

4.4% Cash

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of June 30, 2022. All information is as per the most recent annual report or other publicly available data via the fund's website

Top1000funds.com related articles

Investor Profile

First State: superannuation’s evolution

Most of Australia’s retirement system is still just heading towards investing with scale for both accumulation and pension phase. The A$70 billion First State Super and CIO Damian Graham are already there. So what do its investments look like?

October 25, 2018

FIS Digital – June 2020

Kotkin weighs in on geopolitical risks

Global tensions are an important consideration in decision-making. At a recent roundtable, geopolitical expert professor Stephen Kotkin discussed the risks related to China and the US.

Amanda WhiteJuly 5, 2018

Organisational Design

TCorp pulls trigger on shake-up

The $70 billion NSW Treasury Corp has reorganised its investment staff to erase most sector divisions, in favour of more centralised portfolio construction and manager selection.

Amanda WhiteMay 22, 2018

Private Equity

ESG scrutiny hits private markets

Listed assets aren’t the only investments under more scrutiny. As funds strive for sustainability, they are now applying that rigour even to notoriously opaque classes such as private equity.

Amanda WhiteJanuary 9, 2018

Uncategorised posts

Why investors employ smart beta strategies

The common view is smart beta is used to side step expensive active equity managers or hedge fund managers whose processes are on the surface opaque, but on close investigation turn out to be largely beta like in approach. As investors have gained experience and familiarity they have also learnt about how it offers greater […]

David RowleyJuly 31, 2015

Sustainability

Inaction over Woodside demonstrates complexity for Australian funds

Australia’s first-ever shareholder vote on climate change, put to Woodside Petroleum in April, provided superannuation funds with a prime opportunity to support the sustainability principles that many of them have espoused for years. But at this first hurdle, many crashed and burned, prompting the question: how seriously are funds pursuing sustainability through their investments? ACSI, […]

Amanda WhiteJune 15, 2011