QSuper, Brisbane, Australia, committed US$100 million to the QIC Global Fixed Interest Alpha Fund, according to a QIC news release.
There is still a strong belief in alpha streams proven to be uncorrelated to beta and added value regardless of market direction, Brad Holzberger, chief investment officer of the A$26 billion (US$24 billion) fund, said in the news release.
QIC has A$65 billion in assets under management.
Spokesmen for QIC and QSuper could not be reached for comment.
