Macquarie rules on global alternatives
Macquarie Group has emerged as the world’s largest infrastructure manager of pension fund assets in new research published this week by Towers Watson.
The research revealed that Macquarie Group managed US$51.6 billion for pension funds, which made it not only the largest infrastructure manager but also the largest manager of alternative investments covered by the Towers Watson global survey.
Drilling down to the top Australian alternative managers, the research ranked Macquarie as the leader followed by QIC in 38th place, AMP Capital Investors in 39th place, Industry Funds Management in 43rd place and Dexus Property Group in 54th place.
It is a measure of Macquarie’s exposure as an alternatives manager that it also ranked on the Towers Watson research in 55th place for its real estate asset class exposure, while Industry Funds Management also gained a double listing, coming in at 77th for its private equity fund of funds exposure.
AUTHOR
Mike Taylor
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