Australia’s largest pension fund invests an additional 500 million AUD in Indian infrastructure

Golden Ten Data reported on July 9 that AustralianSuper, Australia's largest pension fund, announced last Thursday that it will make an additional investment of AUD 500 million (approximately USD 346 million) into the National Investment and Infrastructure Fund (NIIF) of India. The fund stated that this investment is an addition to the commitment made seven years ago of AUD 240 million, and after this investment, its total investment scale in India will reach AUD 3.3 billion. AustralianSuper said that its initial investment in NIIF has become one of the best-performing infrastructure investment projects under the fund. AustralianSuper currently manages assets totaling AUD 410 billion.