AustralianSuper invests $346-M in NIIF

AustralianSuper , the largest pension fund in Australia, has made an additional investment of USD 346 million to India's National Investment and Infrastructure Fund (NIIF). This is in addition to the USD 165 million (A$240 million) the pension fund committed seven years ago. Following this transaction, AustralianSuper’s total investments in India have reached USD 2.1 Billion (A$3.3 Billion).The NIIF was established in 2015 to facilitate global investment into infrastructure development across India.