Nine Canadian pension funds, eight Australian superannuation funds and IFM Investors have signed a memorandum of understanding to lunch the Canadian-Australian Pension Funds Investment Initiative to allocate capital into critical infrastructure in both regions.
With this initiative, the funds will support policy reform and building awareness around investment models for retirement savings. Canadian transport infrastructure, such as airports, seaports and railroads will be attractive investment opportunities. The energy transition and digital infrastructure assets will also receive significant consideration for investment.
The partnership of all funds represents more than $3.2 trillion in total assets and funds under management.
