Australia's QSuper committed $100 million to the QIC Global Fixed Interest (GFI) Alpha Fund, which is set up to generate returns from a broad global fixed-income opportunity set. Last May, a US dollar-denominated fund was launched for international investors.
The QIC GFI actively manages global interest rates, inflation and credit strategies. The fund is managed with liquidity and capital efficiency in mind and has returned 13% gross per annum since July 2005.
Brad Holzberger, chief investment officer of QSuper, said that while the superannuation fund's investment programme has changed, there is still a strong belief in alpha streams which have