Sunsuper lights up as A$5 billion mark reached
(19 October 2004 – Australia) Superannuation fund Sunsuper said its assets under management had hit the A$5 billion mark after a strong 12 months.
The company said over the past year it had added 6000 new members to its portfolio and had secured deals worth A$185 million in assets and that total funds invested in Sunsuper Corporate had exceeded A$350 million.
Sunsuper chief executive Don Luke said reaching the A$5 billion mark meant the company was now one of the largest public offer funds in Australia.
He said the company grew by about 30 percent per annum over the past ten years.
Luke said he was positioning Sunsuper as a leader in investment management, innovation and level of service for individuals and corporates.
Sunsuper chief executive Don Luke said reaching the A$5 billion mark meant the company was now one of the largest public offer funds in Australia.
He said the company grew by about 30 percent per annum over the past ten years.
Luke said he was positioning Sunsuper as a leader in investment management, innovation and level of service for individuals and corporates.
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