How we invest for our policy holders
Through our expertise in risk management and strategic partnerships we deliver investment solutions that complement our market protection offering.
Periodically we review the investments we manage on your behalf to identify any opportunities that may help enhance investment returns, provide cost effective investment options and or respond to market changes for policyholders.
On the day to day management of your funds, we partner with external fund managers, which we’ve selected based on their track record of performance and competitive pricing.
While we predominantly work with partners who actively manage our investment portfolios, for investments in Australian and International Equities, we’ve recently adopted a passive investment strategy.
Our Investment Manager Partners
|BlackRock||Australian and International Equities, Multi-Asset Index Fund||Passive|
|Janus Henderson||Cash and Fixed Interest||Active|
|Dimensional Fund Advisors||Australian Equities - Value Style||Active|
|Lazard||Global Convertible Bonds||Active|
What is Passive & Active Management?
Passive investment, also known as index investing, utilises an investment approach that invests to a representative benchmark such as the ASX200 with the aim of holding that investment over the longer term, without excessive buying and selling of securities. Benefits of passive investing include lower fees and greater simplicity for investors, with returns more closely aligned to the indexes used.
Active investment uses a human element, such as a single manager, co-managers or a team of managers, to actively manage a fund's portfolio. Active investment relies on analytical research, forecasts, and judgment and experience in making investment decisions on what securities to buy, hold and sell.
About our selected Investment Managers
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of December 31, 2019, the firm managed approximately US$7.43 trillion in assets on behalf of investors worldwide.
Janus Henderson Investors is a leading global active asset manager. We exist to help clients achieve their long-term financial goals.
Our active management offers clients the opportunity to outperform passive portfolios over the course of market cycles. We aim to do this by taking on appropriate levels of risk and offering products and strategies at reasonable fees. The outlook for markets in the foreseeable future suggests returns are likely to be lower on a relative basis and more volatile than they have been in the past decade. In this environment, the value of active management could be crucial.
We provide access to some of the industry's most talented and innovative thinkers, spanning equities, fixed income, multi-asset and alternatives, globally. Our investment teams blend insight, originality and precision with rigorous analysis, structured processes and robust risk management. They seek to be at the forefront of anticipating and adapting to change to deliver market-leading, risk-adjusted returns.
Our individual, intermediary and institutional clients span the globe; they value our partnership approach and entrust us to manage their assets. Our conviction in the value of active management means building partnerships on openness and trust, channelling expertise from across the business and communicating the views of our experts in a timely and relevant way. We call this approach Knowledge. Shared.
Janus Henderson was formed in 2017 from the merger of two complementary businesses that trace their roots back much further. U.S.-based Janus Capital Group was founded in 1969 and had a strong research-based approach. Henderson Global Investors was founded in the UK in 1934 and also offered largely bottom-up, analysis-based strategies. Headquartered in London, Janus Henderson Investors is dual-listed on the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX).
For more than three decades, Dimensional Fund Advisors LP and its subsidiaries and affiliates have been combining rigorous academic research with practical experience to deliver real-world investment solutions. Dimensional seeks to deliver investment solutions that add value through careful design, implementation and execution. An enduring philosophy, strong client commitment, and a strong connection with the academic community underpin our approach.
Dimensional established its Australian office in 1994 and began offering investment solutions to local investors with the launch of the first Dimensional Wholesale Trusts in 1999.
DWPF is managed by Dexus, one of Australia's leading real estate groups proudly managing a high-quality Australian property portfolio valued at $36.5 billion (as at 31 December 2020 adjusted for certain transactions that have been announced and/or occurred after this date).
Dexus's vision is to be globally recognised as Australia's leading real estate company. Its strategy remains focused on its core strengths of owning and managing high-quality real estate in Australia's major cities to deliver superior risk-adjusted returns for investors. The two key strategic objectives that underpin this strategy are:
- Leadership in office: being the leading owner and manager of Australian office property
- Funds management partner of choice: being the wholesale partner of choice in Australian Property
Dexus is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange (trading code DXS) and is supported by more than 29,000 investors from 24 countries. With 36 years of expertise in property investment, development and asset management, Dexus has a proven track record in capital and risk management, providing service excellence to customers and delivering superior risk-adjusted returns for investors.
For decades, Lazard Asset Management has been managing investment portfolios and providing investment advice to institutional and individual investors around the world.
Lazard Asset Management now operates from 24 cities across 17 countries with a global staff of over 800. Our more than 300 investment personnel manage investment portfolios across a wide range of global, regional and country-specific strategies - both traditional and alternative - in listed equity and fixed income. Lazard Asset Management Pacific Co. (Lazard Pacific) is a subsidiary of LAM LLC. Based in Sydney, Lazard Pacific has serviced Australian clients with a range of domestic and global strategies since 1994.
Each investment team at Lazard Asset Management invests according to its own philosophy and process, yet they share the same conviction in fundamental research, active management and long-term thinking. The Lazard Global Convertible team’s investment philosophy, refined over two decades of market experience, recognizes the primary importance of active management in this asset class. The team relies primarily on exhaustive fundamental analysis and makes broad top-down tactical adjustments to accommodate macroeconomic shifts and maintain diversification within the portfolio. We believe the strategy with its fundamental emphasis will deliver the intended benefits of the convertible bond asset class to investors..