AustralianSuper invests AU$500 million in NIIF, total reaches AU$3.3 billion
AustralianSuper announced a new investment of AU$500 million in India's NIIF, increasing its total exposure to AU$3.3 billion. This follows a previous commitment of AU$240 million in 2019, highlighting NIIF's strong performance for AustralianSuper members.
pre-market1 source ↓written by the desknot a recommendation
AustralianSuper has committed AU$500 million to India's National Investment and Infrastructure Fund (NIIF), raising its total investment in the country to AU$3.3 billion. This follows an initial investment of AU$240 million in 2019, marking NIIF as one of its top-performing assets. This move aligns with strengthening bilateral ties between India and Australia during PM Modi's visit.
Not investment advice. For informational purposes only.