The Australian, 29 Mar 2017: Local superannuation funds are waking up to the potential of Australia’s powerhouse agricultural sector following the flood of investment from overseas pension funds, sovereign wealth capital and foreign investors into farming over the past five years. VicSuper is one of the few funds openly committed to agriculture, after investing $180m over the past decade to buy and develop 9000ha of degraded and salinity-affected small farms between Swan Hill and Kerang along the Murray River. Today the farms, run by manager Kilter Rural and its farm boss Mike Neville, are growing a mixture of high-value irrigated cotton, tomatoes and organic wheat, while also actively trading irrigation water.
Super funds finally get a taste for agriculture
Wednesday, March 29, 2017