Dec 16, 2024 (The Australian Financial Review - ABIX via COMTEX) --
It is suggested that the overall philosophy of Australia's large superannuation funds is to "buy and hold", but Michael Weaver from the $330 billion Australian Retirement Trust says everything in its real assets portfolio is for sale if the price is right. Weaver is ART's head of global real assets, with its real assets unit overseeing about $45 billion worth of unlisted infrastructure and real estate. Some of its biggest assets include stakes in Heathrow Airport and Victorian electricity distributor AusNet, while its latest deal has seen it acquire a stake in a US-based renewable energy and transmission infrastructure platform called Pattern Energy..
Publication Date: 17 December 2024
AUSTRALIAN RETIREMENT TRUST PTY LTD
AUSNET SERVICES LIMITED
PATTERN ENERGY GROUP
COMTEX_460934904/2229/2024-12-16T19:45:14
By Anthony Macdonald
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