Investments

Investment managers

ARIA works with leading investment managers to make sure your super is well managed.

Our policy on derivatives

Investment managers who enter into an investment management agreement with ARIA may use derivative securities (known as derivatives) to facilitate increases or decreases in the fund’s exposure to different investment markets. Derivatives are financial instruments whose value changes in response to the changes in underlying variables. Examples include futures, options and forward exchange contracts.

Derivatives within investment mandates are mainly used to reduce risk for you. Our investment managers are not permitted to use derivative securities for gearing the fund or any part of the fund, or for placing the fund in a position where it is short an asset class.

The investment mandates we grant to our investment managers, allowing them to use derivatives, reflect the policy for the fund as a whole. If ARIA’s investment managers are permitted to use derivative securities the limits will be clearly set out in the mandate. ARIA’s internal investment team (and Custodian) monitor whether derivative use is consistent with ARIA’s policy.

If you would like more information about our derivatives policy, call ARIA on 02 6263 6999.

PSSap Trustee Choice investment managers 2009/10 include:

452 Capital Pty Limited
Alleron Investment Management Limited
AMP Capital Investors Limited
Arcadia Funds Management Limited
Aurora Investment Management LLC
AXA Rosenberg Investment Management Ltd
Balanced Equity Management Pty Limited
Barclays Global Investors Australia Limited
BlackRock Financial Management
Bridgewater Associates, Inc
Colonial First State Property Limited
Concord Capital Limited
DEXUS Property Group Limited
Eureka Funds Management Company
GMO Australia Limited
Holowesko Partners Limited
Integrity Investment Management Limited
Lend Lease Real Estate Investments Limited
Loomis Sayles & Company LP
Macquarie Investment Management Limited
Marathon Asset Management Limited
Marvin & Palmer Associates Inc
MIR Investment Management Limited
Northward Capital Investment Management Limited
Orbis Investment Management Limited
Paradice Investment Management Limited
Perpetual Investments
PIMCO Australia Pty. Ltd.
Platinum Asset Management
Principal Global Investors (Australia) Limited
Rexiter Capital Management Limited
Rogge Global Partners PLC
Schroder Investment Management Australia Limited
Solaris Investment Management Limited
State Street Global Advisors Limited
Vanguard Investments Australia Limited
Wellington International Management Company Pte Limited